Goldman Sees 18% Total Returns for Asian Stocks in 2021

The video discusses the outlook for Asian equities in 2021, highlighting a projected 6% global GDP growth and a 23% recovery in earnings per share. It examines the impact of vaccine development on Asian markets, with a focus on India. The analysis of NIFTY's valuation reveals it is trading at a premium, but a significant earnings recovery is expected. The video also explores the recent outperformance of value stocks over growth stocks, emphasizing a preference for cyclicals over defensives in the current market conditions.

What is the expected global GDP growth for 2021 according to the transcript?

• 5.2%

• 6%

• 7%

• 4.5%

Which country is noted as being most sensitive to vaccine news in the Asian region?

• South Korea

• India

• Japan

• China

What is the current PE multiple for India compared to the rest of the region?

• 22 times, 39% premium

• 18 times, 25% premium

• 20 times, 30% premium

• 24 times, 40% premium

What is the expected forward multiple for India next year?

• 17 times

• 23 times

• 19 times

• 21 times

What type of stocks are preferred over defensives according to the transcript?

• Growth stocks

• Value stocks

• Cyclicals

• Tech stocks

How many episodes showed cyclicals outperforming defensives under certain macroeconomic conditions?

• 13 out of 13

• 12 out of 13

• 11 out of 13

• 10 out of 13

Which sector is expected to respond more immediately to improving global growth?

• Healthcare

• Financials

• Industrials

• Technology