Markets' Trump Story Too Far-Fetched: JPM's Lebovitz

The video discusses the excitement around Dow 20,000 and the potential risks in the market, highlighting the low volatility in the stock market compared to other markets. It examines assumptions about economic growth under Trump's policies, emphasizing the need for balanced investment strategies focusing on earnings growth. The discussion also covers economic momentum before Trump's election and the potential sector impacts of his policies. Finally, it explores the effects of rising interest rates on consumer spending and the opportunities in consumer discretionary sectors.

How does the speaker view the relationship between stock prices and economic growth?

What are the potential risks mentioned in the market according to the text?

What factors does the speaker believe will drive the stock market rally going forward?

What sectors does the speaker identify as having potential for earnings growth in 2017?

In what ways does the speaker suggest that rising interest rates could impact the economy?