We are Structurally Bullish Risk Assets in Medium Term, Says Aberdeen SI’s Leong

The video discusses the current state of the markets, highlighting the role of central banks, particularly in Asian local currency markets. It examines the Federal Reserve's cautious approach with a 25 basis points cut and the potential impact of tariffs on Chinese goods. The discussion emphasizes the overbought nature of risk assets and suggests investment strategies focusing on Asian bonds, including Chinese government bonds and Indian quasi-sovereign credit, as global growth slows and the Fed may be forced to cut rates further.

What factors are contributing to the overbought condition in risk assets?

What is the expected impact of potential tariffs on the economy and consumer sentiment?