Still a Good Time to Buy U.S. Stocks, LGT Bank's Hofer Says

The video discusses the federal interest rate hikes, which are seen as moderate and aligned with economic strength. It highlights the unresolved trade issues impacting the equity market, particularly the upcoming meeting between President Xi and Trump. The valuation of US stocks is analyzed, noting that lower price-to-earnings ratios may present buying opportunities. Finally, recession indicators are examined, with a consensus that a recession is unlikely before 2021, despite some economic risks.

What is the significance of the New York Fed probability of recession in the context of economic forecasts?

What are the expectations for economic growth in the U.S. leading up to 2021?