KKR's Henry McVey Explains the 'New Reality' for Markets

The video discusses a paradigm shift in financial markets, highlighting a move from monetary to fiscal policies, a shift from global to domestic agendas, and changes in market volatility. It explores the influence of political figures and economic cycles on markets, and provides strategies for asset allocation, focusing on emerging markets and private equity.

What are the potential effects of China's economic situation as described in the text?

What sectors does the speaker mention as being late cycle?

How does the speaker view the current state of emerging markets?