Macquarie's Shvets Says Trump Won't Succeed at Tax Reform

The video discusses the potential impacts of US tax and healthcare reforms under the Trump administration, highlighting skepticism about their success. It shifts focus to the strong performance of Asian markets, particularly excluding Japan, and examines China's significant role in global economic stimulation. The discussion concludes with an analysis of emerging markets, emphasizing the influence of reflation and the potential for these markets to outperform developed ones, depending on economic conditions.

What is a major challenge in implementing tax cuts according to the discussion?

• Reducing government spending

• Increasing healthcare costs

• Gaining public support

• Finding enough money to finance them

Which country is identified as the only one capable of significant economic stimulation?

• Japan

• China

• United States

• Germany

What is a potential consequence of China's economic stimulation?

• Stability in global markets

• Shortened lifespan of economic growth

• Decrease in global credit creation

• Increased lifespan of economic growth

Which markets are expected to perform better if reflation continues?

• North American markets

• European markets

• Emerging markets

• Developed markets

What is a key factor in choosing emerging markets for investment?

• High external vulnerability

• High inflation rates

• Political stability

• Local liquidity

Which countries are considered less favorable for investment due to high external vulnerability?

• Indonesia and Malaysia

• South Africa and Russia

• China and Taiwan

• India and Philippines

What is the expected performance of emerging markets compared to developed markets if reflation continues?

• Underperform by 30-40%

• Outperform by 30-40%

• Underperform by 10-20%

• Perform equally