BlackRock's Moore Sees a 'Ton of Angst' in Markets Right Now

The video discusses the current state of the market, highlighting the ongoing concerns about market sentiment and economic confidence. It examines the factors affecting market trends, such as geopolitical risks and policy issues, and emphasizes the importance of not withdrawing from equity allocations. The concept of 'animal spirits' is explored, with a focus on how it impacts the real economy and market behavior. The video concludes with an analysis of market sentiment and the lack of mass fear, suggesting a 'wait and watch' approach as more information becomes available.

What does the speaker mean by 'animal spirits' and how do they relate to the real economy?

In what ways does the speaker suggest we can measure changes in market sentiment?