Markets' Growth Fears for 2019 Are Overdone, UBS's Kane Says

Markets' Growth Fears for 2019 Are Overdone, UBS's Kane Says

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Business

University

Hard

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The transcript discusses market predictions for the next year, highlighting uncertainties due to varying high and low estimates. It emphasizes the potential for S&P 500 profit growth supported by a strong US economy, with positive indicators like bank lending and wage growth. The discussion also considers potential market upsides if certain headwinds, such as oil prices and trade tensions, are mitigated. Overall, the outlook suggests that some growth fears may be overblown, and easing oil prices and trade outcomes could reduce global growth concerns.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the growth fears in the market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do the trade talks have on the global growth outlook according to the speaker?

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