MCM Exam 2 2023 with 100% correct answers

what does the rise of intrest mean? TINA is dead TINA there is no alternative (there is no worse option) what do people thing in regards to price hen they see tight inverse correlation between higher real rates and lower multiples? it's been priced in what happens to S&P earnings growth if you remove energy? P/E of the market would increase significantly (8% growth to 1%) how is the world as a whole responding to current state of financial markets most truly global tightening of fiscal conditions of recent memory the "fear trade" buy safe assets (cash, dollar, gov bonds) while they sell stocks high inflation impact Fed raises rates which pushes the dollar higher effect of global dismal economies pushes money to the US, keeps inflation from getting worse but hurts repatriated profits how much has the dollar appreciated more than 20% effect of high dollar 1. everyone else defending their economies 2. emerging markets have a lot of dollar denominated debt coming due, they cannot afford social programs and such