Global Economy Will Rev Back Up in 2022, Says JPM's Kelly

The video discusses the political and economic tensions between the US and China, highlighting the impact of political blame on economic decisions. It explores the potential effects of repatriating supply chains on the US economy and analyzes the valuation of international equities. The video concludes with predictions about the future of the global economy post-pandemic, emphasizing the importance of not underweighting international stocks.

What is one of the main reasons for the political blame game between the US and China during the pandemic?

• To divert attention from domestic issues

• To promote technological advancements

• To strengthen international relations

• To increase global trade

How might repatriating supply chains affect the US economy?

• It will significantly boost high-tech investments

• It will create millions of new jobs

• It will slightly stimulate the domestic economy

• It will make the US a low-wage manufacturing center

What is a limitation of the US in terms of manufacturing according to the discussion?

• Insufficient natural resources

• Over-reliance on international trade

• Inability to compete in low-wage manufacturing

• Lack of technological innovation

Why might international equities be considered attractive in the current environment?

• They are undervalued compared to US equities

• They offer guaranteed returns

• They are less affected by global politics

• They are more expensive than US equities

Which region is expected to recover faster from the pandemic according to the discussion?

• South America

• East Asia

• Africa

• North America