Vanguard Sees U.S. Growth Falling 'Below Trand' in 2020

The video discusses the US economic growth outlook, highlighting a deceleration in consumer spending and business investment due to policy uncertainty. It examines the impact of trade deals on global companies and market confidence. The analysis of the equity market suggests current valuations may be overly optimistic, with potential downside risks. Finally, it explores earnings growth expectations and the factors that could influence market performance.

What does the speaker suggest about the equity market's current pricing in relation to growth expectations?

What are the expectations for earnings growth in the S&P 500 this year?