Emerging Markets Lead Next Wave of Capex

The video discusses the rise in capital expenditure driven by demand in smartphones and electric vehicles, highlighting its importance for economic growth. It covers the recovery in major economies and the synchronized investment trends in tech-oriented countries. The video also addresses the challenges, such as uneven recovery and trade tensions, and the potential impact on wages and productivity.

What risks are associated with the current trends in capital expenditure and economic growth?

In what ways might the current capital expenditure trends impact the global economy in the long term?