JPMorgan's Sheng: Overweight DM Over EM Equities

The video discusses recent market trends, focusing on the drastic price declines and bond yield changes due to a new virus variant. It highlights the uncertainty in the market, the potential impact on reopening processes, and the importance of monitoring vaccine effectiveness. The discussion also covers the economic outlook for the next year, considering central bank policies and the potential need for reassessment if the virus strain proves significant.

In what ways might the effectiveness of vaccines influence market conditions?

What is the overall outlook for risk assets despite the new virus concerns?