What's the Consensus Conviction Trade?

The video discusses conviction trades in equities, highlighting the contingent nature of bullish market sentiment. It explores international market dynamics, focusing on the Nikkei and yen, and the impact of currency on equities. The discussion shifts to market valuations, earnings growth, and the implications for market multiples. Finally, it examines market volatility, influenced by geopolitical events like Brexit and Trump's policies, and the potential for different types of volatility in the future.

What is a key factor that David Bianco's bullish call is contingent upon?

• Corporate tax cuts

• Interest rate hikes

• Inflation control

• Trade agreements

What is the expected impact of a weakening yen on the Nikkei?

• Decrease by 10%

• Remain stable

• Decrease by 5%

• Increase by 8-9%

What does the Sharpe ratio measure?

• Risk-adjusted return

• Market volatility

• Stock liquidity

• Economic growth

What significant event caused the largest fluctuation in the S&P since 2008?

• Corporate earnings reports

• Geopolitical events

• Natural disasters

• Interest rate changes

What is an 'outside year' in technical analysis?

• A year with no market growth

• A year with stable market conditions

• A year with increased dividends

• A year with higher highs and lower lows than the previous year