HSBC Sees Exuberance in Growth Expectations, Not Markets

The video discusses the current state of market sentiment and positioning, noting a decrease in exuberance in equity markets but an increase in growth expectations, particularly in the US. It highlights the positive global GDP expectations and the relationship between activity surprises and future growth. The focus is on the fundamental and macroeconomic aspects rather than market exuberance.

What has been the recent trend in sentiment and positioning indicators?

• They have become less exuberant.

• They have remained unchanged.

• They have become more exuberant.

• They have become unpredictable.

In which area is more exuberance observed according to the second section?

• Volatility futures curves

• Survey-based sentiment

• Growth expectations

• Equity beaters

What is the typical lag between activity surprises and growth expectations?

• Three quarters

• Two quarters

• Four quarters

• One quarter

Which country's growth expectations have been notably raised for the upcoming quarters?

• India

• United States

• Germany

• China

What is the main focus of the final section?

• Volatility futures curves

• Activity surprises and growth projections

• Survey-based sentiment

• Equity beaters