EPFR's Brandt on Markets

The transcript discusses investor reactions to the Party Congress, highlighting optimism and surprise over China's economic policies, including COVID restrictions and GDP delays. It examines volatility in Japanese markets due to currency interventions and the Bank of Japan's policy stance. The discussion also covers Korean market optimism, driven by strong semiconductor stories and recent government interventions.

What was one of the unexpected outcomes of the party Congress that surprised investors?

• Continuation of strict COVID policies

• Increase in foreign investments

• Immediate economic reforms

• Relaxation of COVID restrictions

What is one of the main goals of China's current economic strategy?

• Expand the working population

• Shift towards higher value manufacturing

• Focus on low-value manufacturing

• Increase reliance on property

What has been a significant factor in the volatility of Japanese assets?

• Decrease in foreign investments

• Increase in property prices

• Suspected interventions by authorities

• Stable economic policies

Which sector has shown considerable resilience according to the transcript?

• Automobile

• Real Estate

• Technology

• Agriculture

Which countries have been favored by recent investment flows due to strong semiconductor stories?

• India and Brazil

• Germany and France

• Korea, China, and Taiwan

• Australia and Canada