IB Internship Interview: Outlook on current markets etc (relevant to IB and Aus)

Hi,  I'm in the process of interviewing for Internships in IB in Australia and a question I have been asked and need to prep for has been "What is your outlook on current market conditions". This needs to relevant to IB/deal flow/ debt etc. I was wondering what would be key things to discuss (macro etc) but without making it too complicated but still showing a strong outstanding.

Thanks in advance!

 

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