Investors' Memories Are Short, Here's Why

The video discusses market trends, focusing on potential pullbacks in the S&P 500 and historical volatility events. It highlights the impact of past events like the China FX devaluation and the UK referendum on market behavior. The discussion includes predictions on market trends, earnings growth, and the search for yield, particularly in emerging markets. The video concludes with an analysis of market uncertainties, such as Fed policy and political factors, and their potential impact on volatility.

What is the significance of the '200 day moving average' mentioned in the text?

In what ways have defensive sectors performed in the current market environment according to the speaker?