Markets to See Slight Pause, Then Move Up Again: Sharma-Ong

The transcript discusses concerns about the current bull market, highlighting potential corrections due to high valuations, Delta variant spread, and tapering by central banks. It suggests that a slight market correction is healthy and anticipates policy clarity and fiscal support in the fourth quarter. The discussion covers the impact of tapering on markets, predicting a patient approach by the Fed. The Japanese market is expected to see further growth due to political changes and fiscal packages. In contrast, the South Korean market may underperform due to earnings risks and DRAM oversupply.

What is the main reason for the expected market correction mentioned in the first section?

• Increased interest rates

• Rising unemployment

• High inflation rates

• The spread of the Delta variant

According to the second section, when is the Fed expected to announce tapering?

• In March

• In December

• In June

• In September

What is the expected impact on 10-year yields due to tapering, as mentioned in the second section?

• They will decrease significantly

• They will fluctuate unpredictably

• They will remain stable

• They will increase slightly

What factor is contributing to the Japanese market's potential growth as discussed in the third section?

• Increased foreign investment

• High inflation rates

• Decreasing interest rates

• Political changes and fiscal packages

Why is the outlook on South Korea's market less optimistic?

• Oversupply in the DRAM sector

• Decreasing foreign investment

• Political instability

• High inflation rates