Avoid Lowest Quality Credit, Conning Asia Pacific CIO Says

The video discusses the changing market environment since 2018, highlighting the Fed's rate cuts and liquidity injections. It examines the impact of liquidity on asset valuations, particularly in high yield markets, and explores investment opportunities and concerns. The discussion extends to global economic trends, including the strength of the US dollar and M&A activities. Finally, it highlights opportunities in Asia credit markets, focusing on China's deleveraging efforts.

What changes in the market environment were highlighted compared to December 2018?

How has the Federal Reserve's actions since September impacted the financial system?

What concerns were raised regarding the valuations in the high yield market?

What is the significance of liquidity in the current market environment?

How does the current nominal growth compare to the growth recovery expectations?

What are the implications of the current M&A activity in the context of the market cycle?

What trends were observed in the U.S. dollar assets and Asia credits?