Recovery Play Is Coming Back, Says Julius Baer’s Matthews

The video discusses the current economic and earnings growth, highlighting that many S&P 500 companies have exceeded earnings estimates. It examines the bond market's response to economic improvements, with rising yields in the US and Australia. The discussion shifts to China's economic challenges, particularly the Evergrande situation, and the potential for a financial crisis. The impact of China's economic data on global assets is analyzed, emphasizing China's significant role in global growth. The video concludes with an exploration of China's evolving social contract and its implications for economic growth and the middle class.

What economic indicators suggest that the bond markets are responding positively?

What are the implications of rising yields for asset classes in Asia?

How does the situation with Evergrande reflect on the Chinese economy?

What lessons can be learned from the global financial crisis in relation to current economic indicators?

How might the economic growth in China impact global markets?

In what ways might the rewriting of the social contract in China affect its economy?

What does 'common prosperity' imply for the future of the Chinese middle class?