U.S. Likely to Have Recession in 2020, Says SocGen's Agbo-Bloua

The video discusses the potential rally of risk assets in response to a dovish stance by Jerome Powell, highlighting the importance of monitoring outflows due to poor asset management performance. It explores market volatility through the lens of the five stages of grief, suggesting that the market is in the acceptance phase. The discussion includes economic indicators like job growth and wage inflation, predicting a possible recession in 2020 despite positive data. The video also examines the impact of the long business cycle and the slowing growth drivers, such as fiscal stimulus and China's economic influence.

What are the five stages of grief mentioned in relation to market behavior?

How does the speaker describe the current state of the market in terms of earnings growth?

What is the significance of the 312 thousand new jobs and 3.2% wage inflation in the context of a potential recession?

What does the speaker suggest about the impact of monetary policy on the real economy?

What factors are identified as drivers of growth in the economy?