Goldman's Koul on Fed Hike, Asia Markets

The video discusses the impact of the Fed's rate decisions on tech and bond markets, highlighting the maturing rate cycle's positive effect on the tech sector. It emphasizes China's influence on regional tech, with cheaper valuations and strong profitability. The US faces rate and credit shocks, affecting global markets, while a weaker dollar benefits Asian equities. US inflation and growth are expected to decline, pressuring US equities, but Asian markets, driven by China's recovery, show resilience. However, historical data suggests Asian markets may still be affected by US corrections.

What was the market's expectation regarding the Fed's rate cuts?

• The market expected no rate cuts.

• The market was optimistic about rate cuts.

• The market expected a rate hike.

• The market expected a rate pause.

Which regions are expected to benefit from China's growth recovery?

• Regions sensitive to US growth

• Regions sensitive to European growth

• Regions sensitive to Chinese growth

• Regions sensitive to African growth

How does a weaker US dollar affect Asian equities?

• It causes Asian equities to decline.

• It benefits Asian equities.

• It has no effect on Asian equities.

• It puts pressure on Asian equities.

What is the expected US core CPI forecast towards the end of the year?

• 2.5%

• 3.3%

• 4.0%

• 5.0%

What is the expected earnings growth in China according to the speaker?

• 10%

• 17%

• 20%

• 13%

What historical trend is noted regarding Asian markets during US market corrections?

• Asian markets are unaffected by US corrections.

• Asian markets have never dodged a US correction.

• Asian markets often outperform US markets.

• Asian markets always dodge US corrections.

What is the core view regarding the performance of Asian markets compared to US markets?

• Asian markets will have no correlation with US markets.

• Asian markets will outperform US markets.

• Asian markets will perform the same as US markets.

• Asian markets will underperform US markets.