Mizuho's Varathan on Global Markets

The video discusses China's significant role in the outperformance of emerging markets, particularly in Asia, and the challenges these markets face in terms of monetary and fiscal policy. It highlights China's fiscal policy strategies aimed at economic revival and the potential risks associated with financial stability. The discussion also covers the implications of a peak U.S. dollar on global markets and the challenges faced by Asian economies. Finally, it addresses risk pricing and credit spreads, emphasizing the need for careful economic management in 2023.

What factors could lead to a bumpy path for emerging markets despite initial optimism?

How might government spending influence consumer and business confidence in China?

What are the potential risks associated with the current credit spreads in the context of emerging markets?