We Have a Neutral Stance on U.S. Equities, Says ADS Investment’s Lemand

The video discusses the current market positions, highlighting a neutral stance on US equities with a recommendation to hold 20% cash. It covers the ongoing US-China trade talks, suggesting that a deal is expected but may take time. The discussion also touches on the China market's recent corrections and the impact of SMEs on economic cycles. Finally, it examines China's modest stimulus approach and its effects on the economy.

What are the implications of the China-U.S. trade negotiations as discussed?

What is the speaker's view on the future of stimulus in China?