Earnings Guidance Will Determine Chinese Markets From Here, Says Robeco’s Crabb

The transcript discusses the market outlook following the G20 summit, emphasizing the importance of fundamentals, particularly in China, where Q2 earnings are affected by trade war uncertainties. It highlights the easing of earnings downgrades and the need for Asia to catch up with other regions. The discussion covers policy impacts, including potential accommodative measures from the US and China, and fiscal responses to economic slowdowns. Liquidity conditions in China, with low interbank rates, are examined, focusing on their effects on financial and property sectors. The property market is seen as a safe investment due to low multiples and potential policy easing.

What are the implications of liquidity conditions on sectors like financials and property?

In what ways is the property market viewed as a safe investment currently?