China Will Have Difficult Second Half: UBS’s Zuercher

The video discusses market trends, focusing on China's downgrade due to policy headwinds and opportunities in green tech. It examines the impact of the Delta variant on markets, highlighting the challenges to the reflation trade. The performance divergence between regions, particularly Asia and China, is analyzed. The video also covers fixed income and bond market trends, emphasizing the potential for higher yields. Opportunities in high yield markets, especially in Asia, are explored. Finally, it addresses central bank policies and currency exposure, with a focus on tapering and the US dollar.

How does the current yield on Chinese bonds compare to historical levels?

What strategies are suggested for investing in high yield bonds in Asia?

What are the implications of the tapering discussion for the U.S. dollar?