Kiesel: Favoring Areas With Healthy Fundamentals

The video discusses market strategies, focusing on areas with strong fundamentals like housing and non-agency mortgages. It highlights emerging markets, noting improvements in Brazil, Russia, and China, and the impact of currency dynamics. The Bank of England's bond buying program is analyzed, with a comparison to the ECB and US credit markets. The UK banking sector is seen as attractive despite Brexit risks, due to increased capital and support from the Bank of England.

Which sector is considered to have room for growth due to underbuilding and remodeling needs?

• Airlines

• Housing

• Automobiles

• Telecom

What is one of the key drivers for the demand in emerging markets?

• Decreasing currency reserves

• Technical demand for income

• Political stability

• High inflation rates

Which country's growth is contributing to the demand for emerging market debt?

• Mexico

• India

• China

• South Africa

What is the duration of the Bank of England's corporate bond buying program?

• 6 months

• 12 months

• 24 months

• 18 months

Why are UK banks considered attractive despite Brexit risks?

• Strong non-financial sector

• High interest rates

• Low inflation rates

• Increased capital and liquidity support