Bonds Will Look Much Better in 2023: BNY Mellon's Levine

The video discusses the current market trends, including the anticipation of a recession and subsequent recovery. It highlights the bond market's potential improvement next year due to historical patterns. The discussion also covers speculative assets, suggesting they may face further declines. Additionally, the video addresses risks associated with large cap names, emphasizing the need for value investors to re-enter the market as some growth names remain overvalued.

What is the market currently anticipating after pricing in a recession?

• A prolonged recession

• A market crash

• A recovery

• Stagnation

What is meant by 'left for dead' in the context of speculative assets?

• Assets that are performing well

• Assets that are down 80 to 90% from their peak

• Assets that are expected to recover quickly

• Assets that have lost 10% of their value

What percentage of the S&P market cap is considered speculative and likely to be 'left for dead'?

• 10%

• 30%

• 5%

• 20%

What is a significant risk associated with large-cap names in the market?

• They are undervalued

• They have low trading volumes

• They are not part of major indices

• They are trading at higher multiples

Which index is overly weighted with top ten names, making it expensive?

• S&P 500

• Russell 2000

• Dow Jones

• NASDAQ