Federated's Auth Sees S&P Hitting 3,500 in 2020

The transcript discusses market projections, focusing on equity and bond markets. It highlights the current status and future expectations, emphasizing the differences between backward-looking bond markets and forward-looking equity markets. The conversation also covers the European credit market, noting unusual spread behaviors, and concludes with investment strategies, favoring equities over high-yield debt due to potential upside.

According to the speaker, what is the outlook for the economy over the next 12 months?

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What is the significance of the profit warnings from European auto companies mentioned in the text?

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