BofA’s Subramanian Sees Risks While Boosting 2021 S&P Target

The video discusses market trends, focusing on the movement from 3800 to 4250 and the potential for further growth or risk. It outlines a disciplined process using 55 signals to evaluate market conditions, including sentiment and earnings revisions. The market's current valuation leaves little room for error, with strong earnings but emerging risks like supply chain issues and inflation. The guidance ratio has shifted, indicating potential profit warnings. Additionally, the video explores the impact of globalization on margins, noting a shift towards onshoring, which may affect multinational companies.

What factors are considered in the market analysis process mentioned in the text?

How has the earnings performance changed over the last few months according to the text?

What is the significance of the guidance ratio mentioned in the text?

What risks are identified in the text that could affect earnings?

What does the text suggest about the trend of globalization and its impact on companies?