Near Term for Chinese Equities Is Bumpy, Says Goldman Sachs's Moe

The transcript discusses the ongoing trade talks between the US and China, highlighting the importance of the March 2nd deadline for making substantive progress to avoid increased tariffs. It also covers the market outlook, noting that while the near term is bumpy, the combined effect of stimulus and trade deal prospects could lead to positive market performance. The discussion includes an analysis of the earnings downgrade cycle and its impact on market valuations, suggesting that some negative news has already been priced in. The transcript concludes with an examination of valuation metrics and the potential for market recovery.

What are the implications of the compression in forward valuations mentioned in the text?

Evaluate responses using AI:

OFF

What is the expected total return for the year according to the text?

Evaluate responses using AI:

OFF