U.S. to Outperform All Other Equity Markets, Says Pictet WM’s Donay

The video discusses the concept of selective hearing in equity markets, focusing on how markets are influenced by the reopening narrative while ignoring political risks. It highlights the strong performance of the NASDAQ, driven by disruptive companies, and contrasts it with the underperformance of European markets. The discussion also covers investor concerns about market risks, including US elections, trade tensions, and the economic recovery's shape, emphasizing the disconnect between market strength and rising risks.

What does the term 'selective hearing' refer to in the context of equity markets?

How have equity markets responded to economic policies according to the text?

What factors contribute to the underperformance of European markets compared to the NASDAQ?

What risks are mentioned that could affect the economic recovery?

Why do investors find it difficult to understand the strength of the markets despite existing risks?