Equity Markets Can Go Higher: Eastspring Investment’s Gupta

The video discusses the potential impact of a capital gains tax increase on equity markets, noting that while it may cause short-term consolidation, the medium-term outlook remains bullish. Despite stretched valuations, global equities are supported by strong earnings recovery and economic data. The video also compares US equities with emerging markets, highlighting the need for stability in vaccine rollouts and improved earnings growth in EM. China's market is analyzed in terms of policy impacts, while potential market risks such as reinfection and US Treasury yield trends are also discussed.

What are the current challenges facing the Chinese market as discussed in the text?

What potential risks does the speaker identify that could negatively impact the markets?

How does the speaker characterize the recent trends in US Treasury yields?