BlackRock's Koesterich Likes 'Profitable' Growth Stocks

The video discusses current market strategies, focusing on maintaining high cash levels and being underweight in equities and bonds. It highlights the impact of China's COVID-19 lockdown on the global economy and the potential for economic recovery as restrictions ease. The discussion also covers investment strategies, including the timing of cash deployment and opportunities in profitable growth sectors, particularly in Mega Cap tech companies.

What indicators suggest that the market may be approaching a turning point?

What characteristics define the 'profitable growth' segment of the market mentioned?