Hard to Have `High Conviction View' on Equities: BMO's Marks

The video discusses the market sentiment following the 2018 downturn, highlighting how many investors missed the 2019 bull market due to conservative positioning. It covers investment strategies, noting the surprising strength of fixed income markets. The impact of the US-China trade war on global growth and manufacturing is examined, along with the role of monetary policy. The discussion questions whether expectations from monetary policy are too high, given the limited impact seen globally, and suggests a shift towards fiscal policy considerations.

What concerns does the speaker express regarding monetary policy?

What does the speaker suggest about the expectations from monetary policy in the current economic climate?