Goldman: Not Enough Evidence to Be Underweight Stocks

The video discusses market pricing, focusing on the S&P 500's 24% drawdown and its implications for a potential recession. It highlights differing views from economists like Jason Furman and Bill Dudley on recession probabilities, ranging from 25% to 60%. The US market's performance since the global financial crisis is compared to other regions, showing significant growth, making it a potential safe haven for investors.

What is the maximum drawdown percentage mentioned for the S&P 500?

What are the probabilities of recession according to Jason Furman and Bill Dudley?

What is the base case probability of recession through the end of 2023?

How much have US equities increased since the global financial crisis?

What is the annualized return for UK equities mentioned in the text?