Ric Deverell: Central Banks Drive Aggressive Yield Search

The video discusses the global economic landscape, focusing on sluggish growth and structural headwinds. It highlights the role of fixed income markets, the impact of Brexit, and the influence of central banks' negative interest rate policies. The speaker emphasizes the challenges faced by emerging markets and the potential volatility driven by China. The discussion also covers the implications of Brexit on UK bond yields and the broader market dynamics.

What is the main reason for the sluggish growth in the global economy as discussed in the first section?

• Overproduction in emerging markets

• High inflation rates

• Structural headwinds from major economies

• Lack of technological advancements

How might Brexit impact the German bond yields according to the second section?

• They would increase significantly

• They would remain stable

• They would go negative

• They would have no impact

What is the expected effect of Chinese economic activities on global markets in the second half of the year?

• Increased stability

• More volatility

• Decreased volatility

• No significant effect

What is the main factor driving the search for yield in the markets as discussed in the final section?

• High inflation rates

• Negative interest rate policies

• Increased consumer spending

• Strong economic growth

What is causing the flight into quality in the markets according to the final section?

• Technological advancements

• Concerns about Brexit and US recovery

• Rising inflation

• Decreasing oil prices