Citi’s Bailin: Reduce Cash, Pile Into Cyclicals Poised for Recovery

The video discusses the current market conditions, highlighting the bifurcation between defensive and cyclical stocks. It advises investors to focus on value and reposition portfolios towards equities and gold due to lower returns on bonds. The reset of actuarial assumptions indicates a shift in economic expectations, with a focus on growth in emerging markets. The video also addresses anticipated market volatility due to the pandemic, predicting a recovery in economic activities and significant growth in the coming years.

What recovery trends are anticipated for the economy in 2021 and 2022?

What are the implications of the current market volatility for investors?