The video discusses the current state of equity markets, highlighting the strong performance of quality equities and cyclical stocks despite a low-growth environment. It examines the economic outlook for 2020, suggesting that avoiding risk may not be the best strategy. The video also evaluates specific companies, Novartis and Richemont, noting Novartis's improved performance and Richemont's challenges in the watchmaking sector.

What are the implications of central bank support on capital expenditure?

What recent developments have occurred with Novartis and how do they affect investor sentiment?