JPMorgan 'Quite Positive' on EM Stocks Relative to Developed

The video discusses the current investor sentiment, focusing on positive economic news while ignoring negative indicators. It analyzes the Phase One trade deal's limited impact on GDP and market expectations. The video highlights strong earnings growth in major markets, with a positive outlook for 2020, especially in emerging markets. It also examines challenges in the telcos and oil & gas industries, emphasizing the need to focus on costs and capital returns.

Discuss the challenges faced by the oil and gas industry regarding capital expenditure.

What are the implications of the cautious approach of telecom operators towards 5G investments?