Blackstone’s Wien: S&P 500 Likely Hits 3,500 as Fed Cuts Rates Twice

The transcript discusses the phase one trade deal between the US and China, highlighting its limited scope and potential impact on the stock market. It also covers the economic outlook for 2020, focusing on monetary policy and market liquidity. Additionally, it addresses geopolitical tensions with Iran and their possible effects on global markets.

What role does liquidity play in the market according to the discussion?

How might the closure of the Straits of Hormuz affect global oil prices?

What potential actions could Iran take in response to U.S. actions as mentioned in the text?