'Bullish' on Small-, Mid-Cap Stocks, First Franklin Says

The video discusses market optimism despite trade deal uncertainties, highlighting the resilience of markets to bad news. It emphasizes the outperformance of small caps and the risk-on trade, suggesting investor confidence in 2020. The potential for market corrections is acknowledged, with a strategy to buy dips. The Fed's non-interventionist stance is seen as positive for small caps, with no rate hikes expected through 2020.

What are the expectations regarding the manufacturing PMI and its impact on the market?

What key catalysts are mentioned that could influence the market towards the end of the year?