BNY Mellon Questions If 4Q Market Is Borrowing Gains From 2020

The video discusses the S&P's performance and its outlook for 2020, highlighting the potential for continued growth despite past earnings slowdowns. It raises concerns about whether the market is borrowing from 2020's performance in the fourth quarter of 2019. The upcoming 2020 election is identified as a significant source of market volatility, with potential impacts from both Democratic and Republican sides. Additionally, recent tariffs on South American countries are noted as a factor contributing to market uncertainty, with potential risks from a second Trump term being considered.

What was a significant factor in the S&P's breakout from its trading range in 2019?

• Increased consumer spending

• Flat earnings growth

• Rising interest rates

• Decreased unemployment

What is a major concern for investors regarding the market's performance in the fourth quarter of 2019?

• Increasing oil prices

• Decreasing consumer confidence

• Rising inflation rates

• Borrowing from 2020's performance

How might the 2020 election affect market momentum?

• It will likely stabilize the market

• It will lead to a market crash

• It could introduce significant volatility

• It will have no impact

What recent event caused a significant change in market futures?

• New trade agreements with Europe

• Tariffs on South American countries

• A rise in interest rates

• A decrease in oil prices

What potential political scenario is considered a risk to the market?

• An increase in government spending

• A decrease in corporate taxes

• A second Trump term

• A new trade deal with China