Astral Asset Management’s CEO Likes China Consumer, Education Sectors

The video discusses the market outlook amid geopolitical tensions, particularly the trade war between China and the US. Despite market volatility, there was a strong recovery in the first half of 2019, with significant rallies in various stock markets. The video also addresses concerns about the Chinese consumer, highlighting issues like P2P fraud and consumer confidence. However, it emphasizes the importance of essential services and steady employment rates in driving consumer spending, suggesting that as long as disposable income grows, consumption will increase.

In what ways do demographics and domestic consumption influence consumer spending?

What is the significance of disposable income and employment rates in relation to consumption?