Markets Are Pricing In Slower Growth: Citi’s Apabhai

The video discusses the current state of equity markets, highlighting a rally and concerns about inflation. It explores whether inflation is transient and how bond markets are reacting. The discussion shifts to structural changes in the global economy, with examples from Korea and Australia. The video also examines supply chain bottlenecks and their impact on inflation, questioning if markets are pricing these factors correctly. Finally, it covers market conditions, potential dips, and projections for the S&P, emphasizing the role of liquidity and the Fed's actions.

What is the significance of supply chain bottlenecks in relation to inflation?

What are the projected S&P values mentioned for the end of the year?