BlackRock's Wei Li Says Savings Crunch Will Hurt Some Stocks More Than Others

The video discusses the performance of European and Asian equities, highlighting the MSCI Asia Pacific index's growth. It analyzes US equities, noting the narrow market driven by big tech and the importance of selectivity amid volatility. The discussion shifts to industry margins, consumer purchasing power, and the impact of rising living costs, emphasizing the need for differentiation within sectors.

In what ways might consumer purchasing power affect companies' ability to pass on costs?

Why is selectivity important in the current market environment?