Macquarie's Le Cornu Sees Weaker Infrastructure in China PMI

The transcript discusses recent economic data, highlighting differences between private and official readings. It anticipates policy implementations post-March, potentially boosting economic growth. Market trends, including commodity prices and cyclical trades, are analyzed. The discussion shifts to sector performance, predicting a shift from property and energy to consumer discretionary and financials, with a positive outlook for banks due to rising yield curves.

In what ways do you think commodity prices have affected economic expectations?

What shifts in sector focus are anticipated based on the current economic climate?