TPW Co-Founder Pelosky Expects G-20 to Be Constructive for Global Markets

The transcript discusses the current market sentiment, highlighting optimism about potential improvements in China-US relations despite no major breakthroughs. It explores the impact of central bank policies on emerging markets and identifies opportunities in developed markets like Europe and Japan due to attractive valuations and potential currency appreciation. The discussion also covers the limited earnings growth expectations globally and the valuation differences between US and non-US markets, suggesting a potential shift in investment focus.

What does the speaker mean by 'kicking the can down the road' in the context of market expectations?

What valuation difference is mentioned between US equities and the rest of the world?