Will See Higher Levels in U.S. Equities in 2H, Says Wells Fargo’s Patel

The video discusses recent market trends, focusing on resistance levels and potential catalysts for growth. It analyzes the US economic outlook, highlighting the impact of the Fed's policy and low inflation. The discussion extends to global economic factors, including trade wars and Brexit, and their influence on growth. Finally, it explores opportunities in the fixed income sector, particularly in high yield bonds, due to low default rates and attractive returns.

What is the resistance level mentioned in the market rally discussion?

• 3000

• 2815

• 2800

• 2900

What is the expected growth rate for the US economy mentioned in the first section?

• 4%

• 3%

• 2%

• 1%

How has the Federal Reserve's policy stance changed according to the second section?

• They are taking a more passive stance

• They are reducing inflation targets

• They are increasing interest rates

• They are expanding their balance sheet

What is the expected range for the 10-year Treasury yield?

• 3% to 3.5%

• 2% to 2.5%

• 2.25% to 2.75%

• 1.5% to 2%

Which sector is expected to perform best in the fixed income market?

• Investment grade bonds

• Government bonds

• Municipal bonds

• High yield bonds