Royal London's Greetham Says Trump 'Super Charged' Market

The video discusses the recent upsurge in global growth, driven by fiscal stimulus and loose monetary policies. It highlights concerns about the sustainability of equity market growth, given reliance on cost cuts. The influence of China's economic policies and potential political risks, such as Brexit and French elections, are examined. Despite these concerns, the current macroeconomic and policy backdrop remains positive for equities, though potential market corrections are acknowledged.

What event is credited with supercharging the global growth that began before the Trump election?

• The Brexit vote

• The European debt crisis

• The promise of extra fiscal stimulus

• The US-China trade war

What is a major concern regarding the current growth in earnings expectations?

• They rely on technological advancements

• They are supported by strong commodity prices

• They are based on increased consumer spending

• They are primarily driven by cost cuts

What was a significant factor in China's recent strong economic growth?

• Expansion of its tech industry

• Increased exports to Europe

• Devaluation of its currency

• Reduction in interest rates

Which geopolitical event is mentioned as a potential cause for market corrections?

• The French elections

• The US presidential election

• The German elections

• The Italian referendum

What do markets primarily rely on to drive performance, according to the transcript?

• Political stability

• Technological innovations

• Consumer confidence

• Macroeconomic data and earnings trends