JPMorgan: Nothing to Derail Big Move Up in Risky Markets

The video discusses current market developments, noting that while there are many headlines, none are major disruptors. It highlights the behavior of investors, particularly the lack of hedge fund participation, and suggests that long-term investors are driving market movements. The video also explores markets that may gain focus in 2020, such as EM assets and commodities, and examines the US-China trade dynamics, particularly the impact of Hong Kong on US actions. Finally, it addresses the potential for market bubbles, concluding that while markets are expensive, they are not in bubble territory.

What is the main reason the oil price surprise is not considered a major shock?

• Prices are regulated by the government.

• There is a lack of demand.

• The oil market is highly volatile.

• Production is very diversified.

Why might hedge funds have limited participation in risky markets?

• They are investing heavily in commodities.

• The move has been driven by long-term investors.

• They are waiting for a market downturn.

• They are focused on short-term gains.

Which market segment was relatively unloved last year but might gain focus?

• Technology stocks

• Cryptocurrencies

• Value stocks

• Real estate

What is a potential wild card in US-China relations over the next nine months?

• Increased tariffs on European goods

• US Congress actions related to Hong Kong

• A new trade agreement

• A change in US presidential leadership

Which market is considered not expensive and less vulnerable to a shock?

• Real estate

• European bonds

• EM complex

• US equities