PGI's West: Fed Likely To Begin Tapering In 1Q 2022

The video discusses the current state of bond buying programs and market expectations, highlighting the potential disappointment if tapering is not accelerated. It examines central banks' strategies, focusing on inflation and employment objectives, and the impact of these strategies on global markets. The discussion also covers divergent monetary policies worldwide and their implications. Finally, it explores investment strategies, emphasizing the value in developed and emerging markets, particularly in Asia, and the importance of adapting to changing economic conditions.

What is the main concern for markets if tapering is not implemented?

• Increased inflation

• Market disappointment

• Higher interest rates

• Economic recession

Which country's response to household debt and housing prices is mentioned as credible?

• New Zealand

• South Korea

• Australia

• Japan

What approach are economies still struggling with the virus taking?

• Aggressive monetary tightening

• Cautious approach

• Immediate interest rate hikes

• Rapid economic reopening

Which region is highlighted as having long-term value in emerging markets?

• Asia

• Europe

• South America

• Africa

What is the investment outlook for developed markets according to the speaker?

• Overweight in Europe

• Fully invested with a slight overweight in the US

• Underweight in the US

• Avoiding developed markets