Goldman Sees 18% Total Returns for Asian Stocks in 2021

The video discusses the outlook for Asian equities in 2021, highlighting a projected 6% global GDP growth and a 23% recovery in earnings per share. It examines the impact of vaccine development on Asian markets, with a focus on India. The analysis of NIFTY's valuation reveals it is trading at a premium, but a significant earnings recovery is expected. The video also explores the recent outperformance of value stocks over growth stocks, emphasizing a preference for cyclicals over defensives in the current market conditions.

What is the PE multiple that India is trading at according to the text?

What is the expected impact of low interest rates on the market?

What trend is expected to continue regarding the performance of cyclicals versus defensives?