Don’t Expect Meaningful Market Highs Before Year End, Says Bruderman Asset Management’s Pursche

The video discusses the current state of the stock market, highlighting trade optimism and the impact of political dynamics on market trends. It examines the performance of major indices like the S&P 500 and NASDAQ, noting their record highs. The discussion also covers economic growth prospects, potential risks, and the role of central banks in easing monetary policy. The strength of the consumer market is emphasized as a key driver of economic optimism, with a focus on underlying economic data and corporate earnings.

What was the main reason President Trump wanted to regain the spotlight during the trade discussions?

• To ensure the focus remained on him

• To discuss economic policies

• To announce a new trade deal

• To criticize President Xi

What is the expected trend for the stock market by the end of the year according to the discussion?

• A complete market crash

• Significant new highs

• A material downturn

• Stability with no major changes

What is a potential risk mentioned if the details of the trade deal are not finalized?

• Higher inflation

• Market disappointment

• Lower consumer spending

• Increased tariffs

What economic growth rate is being anticipated for 2020?

• 4%

• 2%

• 1%

• 3%

What factor is contributing to the fading fears of a recession?

• Decreasing corporate earnings

• Rising unemployment

• Strong consumer presence

• Increased government spending