Rabobank's Foley on Source of Capital Appreciation in 2020

The video discusses the disparity between reality and asset prices, driven by the savings class, leading to depressed yields and challenges in finding income. It suggests focusing on capital appreciation through equities, despite bonds performing well. The discussion highlights the influence of savings on the market, referencing Bernanke's essays and the Asian savings glut. It also examines the growth in Asian emerging markets and the need for savings due to the lack of social security systems. The video concludes by discussing different pools of money, such as pension and personal savings, and their need to find investment opportunities.

What factors are influencing the difference between reality and asset prices?

How does the savings class impact yields and income generation?

What challenges do investors face when looking for capital appreciation in the current market?

What are the implications of the savings glut mentioned in Bernanke's essays?

In what ways do Asian emerging markets differ in their savings systems compared to Western countries?