The Stock Market or The Economy: Which Is Right?

Описание: In "The stock market or The Economy: Which Is Right?" we explore why US equity valuation is close to a 20-year high and yet we are seeing the worst economic data in living memory. We also explore factors that could trigger a second equity market selloff.

Sign up to our free weekly market roundup here https://pensioncraft.com/newsletter/

Video timings with thanks to Complex
00:00 intro
00:53 Economic data; US Unemployment since the Depression (NYT)
01:52 PMI data
02:50 GDP data
03:22 Why Equities not selling off; Forward 12-month P/E
04:30 "willing suspension of disbelief" (STC)
05:04 the VIX ("the fear index")
05:45 What is the Fed doing?
06:06 battery of acronyms (the Fed's via IMF Global Financial Stability report)
08:42 the Fed's balance sheet
09:46 Rate cuts across the world's central banks
10:02 fiscal policy (US govt)
10:34 financial furloughing(US)
11:10 What could trigger a sell-off; rating agency assessments
11:51 Credit markets vs. Equity markets
12:20 speculative-grade default rates (US, EMs)
13:17 market concentration of big 5 in S&P500
13:39 stock buy-backs
14:18 dividend cuts
14:54 US-China trade war
15:39 outro

✔️ If you want to learn more about investing, why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here https://www.pensioncraft.com/investor...

We rely on your support to keep producing free content via YouTube. Please help us to remain independent and producing new content by supporting us on YouTube https://www.youtube.com/pensioncraft/...

This is what else PensionCraft Offers:
Book a Power Hour with Ramin so he can answer your questions in a one-to-one coaching session via a video call: https://pensioncraft.com/register/pow...
Understand investment in more depth with my online courses https://pensioncraft.com/courses-we-o...

Recommended PensionCraft YouTube Playlists
There are many different types of investment strategies. In this playlist we look at a number of these so that you decide what is right for you.    • Investment Strategies  
Bewildered by investment? Start with this playlist    • Investing for Beginners  
Building blocks for your portfolio    • Portfolio Building Blocks  

If you like our content and want us to continue to produce it, you can support us with a one-off payment here https://paypal.me/pensioncraft

#PensionCraft #EquityInvestment #Recession