HSBC Sees Exuberance in Growth Expectations, Not Markets

The video discusses the current state of market sentiment and positioning, noting a decrease in exuberance in equity markets but an increase in growth expectations, particularly in the US. It highlights the positive global GDP expectations and the relationship between activity surprises and future growth. The focus is on the fundamental and macroeconomic aspects rather than market exuberance.

What indicators have become less exuberant in the last month according to the text?

How do equity beaters relate to survey-based sentiment?

What does the text suggest about growth expectations?

What is the relationship between data surprises and growth expectations mentioned in the text?

In which quarters have expectations been raised significantly in the US?