Citi's Levkovich Reveals Why He's So Cautious on U.S. Stocks

The video discusses the impact of bond yields on market trends, highlighting the shift from cyclicals to growth stocks in the US market. It explores sector preferences, emphasizing capital goods and financials, while cautioning against consumer durables. The discussion also covers market volatility, potential risks like inflation and taxation, and future market expectations, suggesting a shift towards active investing due to anticipated muted returns on the S&P 500 over the next decade.

Explain the significance of the VIX index in assessing market volatility.

What role do corporate taxes play in shaping market expectations for 2022?

What strategies should investors consider in light of potential muted returns over the next decade?