Nuveen's Bob Doll Says 'Choppy, Frustrating' Market Will Be Around for a While

The video discusses ongoing trade wars with China and Mexico and their impact on the stock market, which remains close to its all-time highs despite these challenges. The market is described as choppy but logical, with no signs of a recession. Economic and earnings growth are stable, though not exceptional. The S&P 500 has shown little progress over the past year and a half, but 2019 is still expected to be a good year for equities, with a recovery from the previous year's low point. The overall sentiment is that the market will continue to be frustratingly choppy.

What are the two trade wars mentioned in the text?

How has the stock market performed in relation to its all-time highs?

What does the speaker suggest about the underlying economic and earnings growth?

What was the S&P level mentioned a month ago?

What is the speaker's outlook for the year 2019 regarding equities?