KKR's McVey Says Equities Are Probably at Fair Value Right Now

The video discusses the potential for a strong economic recovery following a significant collapse, driven by substantial fiscal and monetary stimulus. It highlights the transition from focusing on stimulus to economic indicators and asset allocation, noting the fair value in equities and value in credit. The discussion also covers behavioral changes, such as increased remote work, and the ongoing market uncertainty indicated by the VIX. The impact of high unemployment in the US and the varied recovery prospects across regions, with China showing promising signs, are also explored.

What are the expected differences in recovery across countries and regions?

What does the speaker mean by 'green shoots' in the context of economic recovery?