Purves Sees 'a Lot of Noise' in the Markets Right Now

The video discusses recent market corrections and the elevated volatility conditions, highlighting the impact of liquidity and algorithmic trading. It explores the trends in volatility for 2019, noting the normalization of interest rates and the premium on emerging market equities. Key uncertainties affecting the market include Fed policies and trade tensions, with potential impacts on risk assets and economic stability.

What is the significance of algorithms in market movements during low liquidity periods?

In what ways might the US economy be perceived as too pessimistic for 2019?