LGT Capital's Kumada on Markets and Strategy

The transcript discusses China's economic policies, focusing on government interventions and the tightening cycle. It explores the impact of these policies on investment strategies, highlighting the underperformance of equity markets. The discussion also covers market trends, the influence of vaccination rates, and the role of gold in asset allocation. Finally, it provides an outlook on future economic growth, emphasizing the importance of equities for stable returns.

How do macroeconomic factors influence the balance between tightening and easing in China?

What is the significance of gold in the current economic context?

What are the expectations for nominal GDP and its influence on monetary policy?