What Sectors Takes a Hit on a Market Correction

The transcript discusses market sentiment, highlighting a shift from oversold to overbought conditions and the potential for a tactical correction. It emphasizes the importance of having a plan during corrections and managing risk. The conversation also touches on the political influence on markets, particularly in the context of Donald Trump's election and its impact on economic expectations.

What was the market condition before the election, according to the transcript?

• Oversold

• Overbought

• Bullish

• Neutral

Why is it important to have a plan during market corrections?

• To avoid selling

• To reduce risk in case of significant changes

• To ensure buying opportunities

• To increase risk

What action did institutional clients take in mid-December?

• Increased exposure

• Ignored market changes

• Cut back exposure

• Maintained exposure

What is the main concern regarding the President-elect's influence on the market?

• His economic policies

• His popularity

• His international relations

• His ability to manage government

What is the Citigroup Economic Surprise Index indicating?

• A six-year high in global economic activity

• Uncertainty in global economic activity

• A decline in global economic activity

• Stability in global economic activity