BNY's Levine Says Stocks Have Risk-Off Tone, Investors Questioning Recovery

The video discusses the current state of the equity market, highlighting a risk-off tone driven by the stay-at-home economy and large-cap tech. It suggests that the market's recovery is uncertain and less likely to be V-shaped. However, medical advancements, such as treatments or vaccines, could quickly alter this outlook.

What is currently driving the risk-off tone in the equity market?

• Increased interest rates

• Decline in global trade

• The rise of small-cap stocks

• The stay-at-home economy and large-cap tech

What is the current outlook for the recovery in the equity markets?

• A questionable and less likely V-shaped recovery

• A steady U-shaped recovery

• An immediate recovery

• A strong V-shaped recovery

What could potentially change the current market narrative?

• A decrease in oil prices

• Success in medical treatments or vaccines

• A rise in unemployment rates

• An increase in inflation