Strategas' Verrone Sees Start of New Bull Market After 'Difficult' 2018

The video discusses recent market trends, highlighting a 25% rally followed by a slight pause. It emphasizes the normalcy of corrective phases within a bull market. The discussion includes chart analysis and economic insights, particularly focusing on the US being in a late cycle, cost pressures, and trade tensions affecting global growth. The video also touches on the impact of tariffs on margins and the global market outlook, with specific mentions of China, Europe, and Japan.

What was the market trend discussed in the first section?

• A 5% decline over two weeks

• A 25% rally over four months

• A 50% decline over six months

• A 10% increase over one month

What does the first section suggest about the current market phase?

• It is the start of a bear market

• It is an unpredictable market phase

• It is a normal corrective phase in a new bull market

• It is the end of a bull market

What is highlighted in the second section regarding market trends?

• The market is unaffected by external factors

• The market has completely rolled over

• The market is experiencing a great melt up

• The market is in a stable phase

According to the third section, what is a significant concern for the US economy?

• High unemployment rates

• Lack of technological innovation

• Late cycle economic pressures

• Decreasing consumer spending

What global regions are mentioned in the third section as being affected by trade tensions?

• Middle East and India

• Africa and South America

• Australia and New Zealand

• Europe and Japan