Markets Are Focusing on Strong U.S. Economy, Says Abbot Downing's Schleif

The video discusses the current state of the markets amidst trade tensions, highlighting the S&P's performance and the potential impact of a trade war on the US economy and technology sector. It emphasizes the strong position of the US markets and the challenges faced by tech companies due to their overseas revenue dependency. The discussion also covers the S&P's recent trends and the overall economic outlook, suggesting a positive trajectory despite ongoing trade issues.

What is the current state of the S&P index amidst trade tensions?

• It is declining rapidly.

• It has surpassed 2800.

• It is stable at 2500.

• It is fluctuating around 3000.

How might a trade war affect US technology companies?

• They will see a rise in physical goods distribution.

• They may face challenges due to overseas revenue dependency.

• They will benefit from increased local demand.

• They will not be affected at all.

What percentage of revenues do some US tech companies earn from overseas?

• 50-60%

• 75-80%

• 30-40%

• 10-20%

What is the significance of the S&P index surpassing its 200-day moving average?

• It predicts a future market crash.

• It shows market stability.

• It suggests a strong market performance.

• It indicates a potential market downturn.

What is the overall outlook for the US economy despite trade tensions?

• The economy is stagnant.

• The economy is expected to decline.

• The economy remains strong on many fronts.

• The economy is unpredictable.