How to prepare for market-related interview questions

Interviewers at (insert your favourite investment bank or asset manager):" You said you are passionate about capital markets. What's your view on the current S&P 500 valuation and how would you allocate a $1 million portfolio across different asset classes?"

90% of finance job seekers be like: "...hmm...I think...hmm..."

This interview question will quickly reveal three things:

  1. Do you have a genuine interest in the markets?

  2. Do you follow the market news regularly?

  3. Do you have an opinion backed by data and facts?

Not sure where to start? Below is what I did when I was seeking an analyst role in capital markets.

  1. Read market news daily: CNBC, Bloomberg, Financial Post, Wall Street Breakfast by Seeking Alpha are my favourites