Precious Metals Are Overbought at This Level, Says State Street’s Luk

The video discusses market volatility, precious metals, and currency valuation, highlighting the Japanese yen as undervalued. It examines US equities, trade cycles, and China's GDP goals, emphasizing economic spillovers in Asia. The 2019 rally's impact on bonds and equities is reviewed, noting challenges in the bond market due to geopolitical tensions and Fed policy shifts.

What is the current state of precious metals in the market according to the video?

• They are stable.

• They are overbought.

• They are undervalued.

• They are declining.

Which currency is mentioned as being undervalued and under-owned?

• British pound

• Japanese yen

• Swiss franc

• Euro

What is China's economic goal as discussed in the video?

• To reduce its GDP by half

• To double its GDP

• To stabilize its GDP

• To maintain a 3% GDP growth

What was a significant factor in the bond market's performance in 2019?

• Increased trade tensions

• Fed's shift to easing mode

• Stable inflation rates

• Rising oil prices

What could potentially lead emerging market central banks to hold their rates?

• Increasing trade deficits

• Rising aggregate inflation

• Stable US dollar

• Decreasing oil prices