Nikko AM's Vail on Global Markets, Strategy

The video discusses expected equity returns towards the end of 2023, driven by Fed rate cuts and falling bond yields. It highlights investment strategies, suggesting the US market may outperform in the short term, while Japan could be a top performer by year-end. The video also examines China's economic recovery, noting potential headwinds and a solid GDP growth forecast. Lastly, it addresses inflation concerns, emphasizing that recent oil price increases are not significantly affecting other commodities.

What is expected to be a major factor driving equity returns towards the end of 2023?

• Rising inflation

• Federal Reserve rate cuts

• Decrease in global trade

• Increase in consumer spending

Which country is expected to outperform in terms of equity returns by the end of 2023?

• United States

• China

• Japan

• Germany

What sector in Japan might see improvement by the new year?

• Technology

• Automobile

• Agriculture

• Tourism

What is a current challenge facing China's economic recovery?

• Decreasing foreign investment

• Falling steel prices

• Increasing inflation

• Rising unemployment

What has been the impact of the recent OPEC+ output cut on commodity prices?

• All commodity prices have surged

• Only oil prices have increased significantly

• Copper prices have risen sharply

• Grain prices have doubled