Stay Invested in Equities: Goldman Sachs Shengzu Wang

The video discusses a bullish outlook on equities, highlighting the early stages of a multi-year expansion. It examines the impact of China's slowing growth and currency appreciation, noting the PBOC's efforts to manage the yuan's strength. The discussion covers the flexibility of China's FX regime, the potential for direct intervention, and the influence of rate differentials on market sentiment. The video also explores sector rotation, emphasizing the importance of staying invested in a balanced index during economic recovery.

What are the potential risks associated with direct intervention in the currency market?

How does the rate differential between currencies affect market sentiment?

What indicators should be monitored to assess the future of sector rotation in the market?