What is the speaker's outlook on the likelihood of a recession in 2019?
JPMorgan’s Hui Is Optimistic on Risk Assets Over Course of 2019
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The video discusses the market's reaction to poor PMI data and the Federal Reserve's dovish stance, leading to a sell-off. It examines the yield curve inversion as a recession indicator and suggests balanced investment strategies. Despite global growth concerns, opportunities in emerging markets and corporate debt remain attractive, with low recession risk in 2019 and early 2020.
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How does the Federal Reserve's stance affect emerging markets according to the text?
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