More Downside for a Lot of Markets Expected, Prestige Economics Says

The transcript discusses the implications of Apple's revenue guidance cut, highlighting the influence of China and global economic factors. It explores various economic risks, including trade and interest rate risks, and the presence of a tech bubble. The Federal Reserve's potential rate hikes and inflationary pressures are analyzed, along with manufacturing data and commodity prices. The discussion concludes with a focus on the global economic slowdown, emphasizing its widespread impact across different markets.

What are some of the risks mentioned in relation to the Apple revenue guidance cut?

• Environmental risks and health risks

• Technological risks and cultural risks

• Trade risks and interest rate risks

• Political risks and social risks

What is the Federal Reserve's likely action regarding interest rates in the first quarter?

• No rate hikes

• Multiple rate hikes

• Rate cuts

• One rate hike

Which economic indicators are mentioned as being in contraction territory?

• ISM manufacturing data and China's Caixin PMI

• US GDP and unemployment rate

• Global trade volume and oil prices

• Eurozone inflation and US housing market

Which industrial metals are highlighted as leading the market cycle?

• Zinc and lead

• Aluminum and copper

• Iron and nickel

• Gold and silver

What are the broader economic regions affected by the slowdown?

• North America and Antarctica

• Africa and South America

• Eurozone and China

• Middle East and Australia