Goldman's Moffitt Expects No RBA Move Until 2H 2018

The video discusses the current economic landscape, focusing on the pace of Fed rate increases and the strength of the US labor market. It examines inflation trends, wage growth, and monetary conditions, highlighting the impact on the Aussie dollar and market reactions. The discussion shifts to investment opportunities, particularly in emerging markets and structured credit products like CLOs. Finally, it covers trends in corporate bonds and market issuance, noting the potential for changes in financing behavior.

What is the current trend in the US labor market according to the discussion?

• Strong labor market with decreasing unemployment rates

• Increasing unemployment rates

• Weak labor market with increasing unemployment rates

• Stable unemployment rates

What factor is considered a headwind for the Australian economy?

• Overvalued Aussie dollar

• High iron ore prices

• Strong wage growth

• Low inflation rates

Which market is mentioned as having attractive yield opportunities?

• Developed European markets

• Emerging markets

• US corporate bonds

• Japanese government bonds

What is a key difference between CLOs and CDOs?

• CLOs are structured credit products, while CDOs are not

• CLOs are based on equity, while CDOs are based on debt

• CLOs are considered low quality, while CDOs are high quality

• CLOs are wrapped up loans, while CDOs are wrapped up bonds

What is the current sentiment towards corporate bonds in the discussed region?

• Optimistic due to low leverage levels

• Cautious due to high leverage levels

• Positive due to increasing earnings

• Indifferent due to stable market conditions

How is the issuance of corporate bonds affecting demand?

• Issuance has no impact on demand

• Issuance is leading to oversupply

• Issuance is creating its own demand

• Issuance is decreasing demand

Which Asian market is preferred over China according to the discussion?

• Japan

• South Korea

• Vietnam

• Indonesia