Stocks Still Best Game in Town for 2022, RBC's Calvasina Says

The video discusses economic predictions for 2021 and 2023, focusing on stock market trends, potential risks, and the impact of Fed rate hikes. It highlights the expected performance of the S&P 500, the role of PE multiples, and the shift from cyclical to growth trades. The speaker anticipates a strong economy with a focus on value trades in the first half of the year and a rotation back to growth in the latter half. The discussion also covers the expected deceleration in economic growth and the implications of Fed rate hikes on market dynamics.

What is the expected return on stocks for 2022 according to the speaker?

• 8%

• 12%

• 10%

• 5%

What is the potential risk to the stock market in 2022 as mentioned by the speaker?

• Contraction of PE multiples

• Rise in unemployment

• Decrease in consumer spending

• Increase in oil prices

Which market sectors are expected to outperform in the first half of 2022?

• Real estate and utilities

• Technology and healthcare

• Value trades and cyclicals

• Consumer goods and services

What economic growth rate is forecasted for 2023?

• 1.5%

• 2.5%

• 4.5%

• 3.5%

What tends to trigger a shift away from cyclical trades according to the speaker?

• Fed rate hikes

• Increase in consumer confidence

• Government stimulus packages

• Decrease in inflation