Capital Partners Asia Mikio Kumada on Markets, Strategy

What is the current state of cost pressures and inflation according to the transcript?

• We are far from the peak.

• Inflation is decreasing rapidly.

• Cost pressures are not a concern.

• We are very close to the peak.

What is the expected action of the Federal Reserve in March?

• A 75 basis point increase

• No change in interest rates

• A 50 basis point increase

• A 25 basis point decrease

What political factor is influencing the economic situation in the US?

• Presidential elections

• Midterm elections

• Trade agreements

• International conflicts

What is the challenge in predicting short-term movements of treasury yields?

• Lack of historical data

• High volatility

• Stable interest rates

• Predictable market trends

What is expected to normalize over 1-2 years post-COVID?

• Interest rates

• Velocity of money

• Stock market

• Unemployment rates

What recent decision did the team make regarding equity allocations?

• Maintain current levels

• Increase allocations

• Decrease allocations

• Sell all equities

What would signal a more aggressive approach to risk assets?

• Stable market conditions

• A market break on the upside

• Decreasing interest rates

• A market break on the downside