BoS's Lee: Maintain Defensive Stance Into 2H

The video discusses the current economic landscape, focusing on inflation, US CPI concerns, and the Federal Reserve's hawkish stance. It highlights the strength of the US dollar and its impact on risk assets, suggesting a challenging environment for financial markets. The discussion also covers the potential for Chinese equities to perform well despite global economic difficulties, and the outlook for asset classes and Asian markets, particularly Singapore, in the face of tightening financial conditions.

What is the Federal Reserve's expected approach in the coming months regarding interest rates?

• They will likely lower interest rates.

• They will stop focusing on interest rates.

• They will maintain the current interest rates.

• They will likely continue to be hawkish.

How is the strong dollar affecting risk assets?

• It creates a favorable environment for risk assets.

• It poses a challenging environment for risk assets.

• It has no impact on risk assets.

• It only affects non-risk assets.

What is the potential impact of a global recession on Chinese equities?

• Chinese equities will likely experience upside.

• Chinese equities will outperform all other markets.

• Chinese equities will likely experience downside.

• Chinese equities will be unaffected.

What is the outlook for asset prices over the next 12 to 24 months?

• Asset prices are expected to rise significantly.

• Asset prices are expected to remain stable.

• Asset prices are expected to be lower than today.

• Asset prices are expected to double.

Why are low beta markets like Singapore considered defensive during downtrends?

• They are not affected by global markets.

• They are heavily reliant on technology.

• They have higher growth potential.

• They are less volatile and more stable.

What is the expected trend for growth over the next 12 months?

• Growth is expected to accelerate.

• Growth is expected to slow meaningfully.

• Growth is expected to reverse.

• Growth is expected to remain constant.

What is the main focus of Singapore's economy that makes it defensive?

• Tourism industry

• Manufacturing sector

• Banking industry and REIT sector

• Technology sector