Neutral Now on U.S. Dollar, Says Credit Suisse's Tantia

The video discusses market strategies in response to inflation, highlighting sectors like banks and materials that may benefit from cyclical recovery. It addresses potential tapering by the Fed and interest rate hikes expected in 2023. The focus is on cyclical markets in Germany, UK, Thailand, and Korea, with a neutral stance on China due to economic headwinds. Export markets and reopening themes in Asia are explored, with a preference for Asian high yield bonds in the credit market.

Which sectors are expected to benefit from inflation and cyclical recovery?

• Food stocks

• Tech stocks

• Banks, materials, and industrials

• Real estate

What is the expected timeline for the Fed to start hiking interest rates?

• 2021

• 2022

• 2023

• 2024

Which developed markets are more exposed to global recovery?

• Netherlands and Belgium

• France and Italy

• Germany and UK

• Spain and Portugal

What are the main challenges facing the Chinese market?

• High inflation

• Regulatory risks and economic slowdown

• Strong economic growth

• Lack of technological advancement

What is the expected yield for Asian high yield bonds in the next 12 months?

• 8-10%

• 6-8%

• 4-6%

• 2-4%