Goldman Sachs’s Moe Sees Signs of Weak Stabilization in Asia Earnings

The video discusses the weak market stabilization and earnings performance in 2019, with a focus on the Asia-Pacific region. Despite a negative earnings outlook, market valuations have increased. China's performance has been a positive surprise, driven by sectors like New China and banks. The video also explores the potential for a cyclical upswing next year, considering factors like monetary policy and semiconductor stock comparisons.

What is the significance of the positive surprise from China in the context of the overall earnings?

What are the expectations for the next year regarding the cyclical upswing?