Have to Grin and Bear Volatility in Asia, Says BNP Paribas' Raychaudhuri

The video discusses the optimistic outlook on Asian equities despite recent risks such as trade friction and rising US yields. It highlights two main drivers: increasing return on equity and earnings estimates. The discussion also covers valuation metrics, market sentiment, and the impact of US rate hikes and trade friction on emerging markets. The need for currency stabilization and the challenges of market volatility are also addressed.

What are the two forms of fundamental tailwinds behind Asian equities mentioned in the text?

How has the return on equity changed over the last 18 months in Asia, excluding Japan?

What is the current price to book valuation for Asia ex Japan, and how does it compare to the last 10 years average?

What factors are contributing to the pressure on emerging market currencies according to the text?

What does the speaker suggest is necessary for stabilization in the equity markets?