JPMorgan Favors Developed Markets Over Emerging

The video discusses the potential for the Federal Reserve to normalize interest rates with larger increases, favoring developed markets over emerging ones due to confidence in economic rebounds. It highlights the cyclical sectors within developed markets and anticipates opportunities in emerging markets later in the year. The discussion also covers the treasury market, predicting a rise in yields and the need for the market to adjust to higher terminal rates.

What factors are influencing the preference for developed markets over emerging markets?

What signs of confidence are investors looking for in the Chinese economy and other parts of Asia?

How do the recent economic conditions affect the treasury market's pricing?

In what ways might the terminal rate for the Fed be perceived as too low?

What is the expected impact of interest rate hikes on the US economy?