JPM's Kelly Says Put an Extra Chip on the Table in EM Bets

The video discusses economic concerns, particularly fears of a recession, and highlights the high valuations in US equities and fixed income. It suggests that investors should consider increasing their international exposure, as international stocks are cheaper and could benefit from a potential decline in the US dollar. The focus is on emerging markets, especially in Asia, which may outperform due to a revival in global trade. The video also compares investment opportunities in Asia and Latin America, noting political issues in the latter. East Asia's reliance on global trade is emphasized as a potential advantage.

What is the speaker's main concern regarding the US economy?

• Increasing inflation rates

• Low consumer spending

• High valuations in US equities and fixed income

• High unemployment rates

Why does the speaker suggest increasing international exposure?

• International stocks are more expensive than US stocks

• The US economy is expected to grow rapidly

• International stocks are cheaper than US stocks

• The US dollar is expected to strengthen

Which sector does the speaker believe will benefit from a China trade deal and a weaker US dollar?

• US technology sector

• European financial sector

• Emerging markets equities

• Latin American commodities

Which region within emerging markets does the speaker find most promising?

• East Asia excluding Japan

• Latin America

• Eastern Europe

• Middle East

What factor is expected to benefit East Asia according to the speaker?

• Revival in global manufacturing

• Strengthening of the US dollar

• Decrease in global trade

• Political stability in Latin America