Is the S&P 500 Really In a Bear Rally?

The video discusses the recent market rally and increased risk appetite since February, highlighting the preference for G7 bonds over US bonds despite negative yields. It examines US economic growth, using rail shipments as an indicator, and explores global trade trends. The video also covers the flattening of the US bond curve and potential economic convergence between the US and Europe.

What has been driving the financial market rally since February 11th?

• A decline in global trade

• A return to risk appetite

• A decrease in interest rates

• An increase in unemployment

Why does the speaker prefer G7 bonds over US bonds?

• Higher positive yields

• Lower risk of default

• Preference for negative yields

• Better currency exchange rates

What is the current growth rate of the US economy as mentioned in the transcript?

• 4%

• 3%

• 2%

• 1%

What traditional indicator is mentioned as having rebounded since early 2016?

• Rail freight shipments

• Housing market prices

• Stock market index

• Consumer spending

What is the potential reason for the convergence of bond yields between the US and Europe?

• Similar economic growth and inflation rates

• Divergence in inflation rates

• Lower interest rates in the US

• Higher interest rates in Europe