Berenberg's Pickering, HSBC's Kettner on Global Growth, Markets

The video discusses global economic risks, including trade tensions and Brexit, and their impact on growth. It analyzes asset class performance, highlighting valuation concerns in risk assets. The yield curve's implications for economic expectations are explored, with a focus on bond yields. The equity market outlook is examined, noting potential challenges in Asia. Finally, macroeconomic concerns and recession risks are discussed, emphasizing the importance of avoiding excesses in the current economic cycle.

What does the speaker suggest about the future of long-term bond yields?

How does the speaker interpret the inverted yield curve in relation to market signals?

What is the speaker's perspective on the likelihood of a recession given the current economic conditions?