Citigroup’s Apabhai Sees Upside in Equities in 2021

The video discusses the current state of market momentum, highlighting that most good news is already priced in, limiting short-term upside. It advises caution in markets like Korea, India, and the US, suggesting waiting for a dip to buy. The video also explores emerging markets, noting potential gains but recommending patience for better risk-reward opportunities. It predicts moderate downside for the dollar, with stability expected by late 2021. The relationship between China's economic factors, such as iron ore and steel prices, and its GDP is examined, with a focus on potential regulatory challenges for Chinese tech companies.

What is the speaker's view on the short-term market upside in Korea, India, and the US?

• Significant upside expected

• Limited upside expected

• Downside expected

• No change expected

What is the speaker's advice regarding investing in equities as the year ends?

• Increase investments immediately

• Wait for a market dip

• Invest in bonds instead

• Sell all equities

How much further upside does the speaker anticipate for emerging markets?

• 20%

• 15%

• 10%

• 5%

What is the expected trend for the dollar by the third quarter of 2021?

• Significant decline

• Moderate decline

• Stability with potential firmness

• Rapid increase

What factor could add downward pressure to China's GDP according to the speaker?

• Decreased consumer spending

• Increased exports

• Higher oil prices

• Lower steel prices