PGI's West: Biased Towards High Yield & EM Debt

The video discusses the current state of the markets, highlighting the strong performance and expected volatility. It covers the trajectory of yields, the impact of COVID-19, and the reopening of economies. The discussion also touches on growth trends, the energy crisis, and investment opportunities, particularly in emerging markets and Asia. The potential risks of stagflation and the importance of active stock picking are emphasized.

What is the expected end-of-year target for the 10-year US yield according to the speaker?

• 1.6%

• 2.0%

• 1.4%

• 1.8%

How does the speaker describe the impact of the Delta variant on market sentiment?

• It had no significant impact.

• It was a minor concern.

• It boosted market confidence.

• It was a major hit on sentiment.

What is the speaker's outlook on the US economic growth trend?

• Negative growth

• Above trend growth

• At trend growth

• Below trend growth

Which region is expected to outperform in terms of investment opportunities?

• Europe

• North America

• Asia

• Africa

What is the speaker's expectation for oil prices by the second quarter of next year?

• $50 per barrel

• $60 per barrel

• $70 per barrel

• $80 per barrel