Premise: The pessimistic view is that investors have been spoiled by the perfect conditions and will panic as soon as something goes wrong.

Hypothesis: Investors might have been spoiled by how great the market has been and will sell when it goes down.
Answer: it is not possible to tell

Premise: When the nation's overall trade deficit increases, it means that Americans, on average, are spending more than they are earning.

Hypothesis: American spending habits are linked to trade deficits.
Answer: yes

Premise: Jon greeted him and began to speak.

Hypothesis: Jon has the ability to speak.
Answer: it is not possible to tell

Premise: i know they lost recently to the Bucks in Milwaukee

Hypothesis: They won to the Milwaukee Bucks recently.
Answer: no