We Have a Neutral Stance on U.S. Equities, Says ADS Investment’s Lemand

The video discusses the current market positions, highlighting a neutral stance on US equities with a recommendation to hold 20% cash. It covers the ongoing US-China trade talks, suggesting that a deal is expected but may take time. The discussion also touches on the China market's recent corrections and the impact of SMEs on economic cycles. Finally, it examines China's modest stimulus approach and its effects on the economy.

What is the recommended cash position in the current market scenario?

• 40% cash

• 30% cash

• 20% cash

• 10% cash

What is the general consensus about the China-U.S. trade deal?

• It is expected to happen later than sooner

• It is expected to happen soon

• It has already been finalized

• It will never happen

What was the Shanghai Exchange's performance year to date?

• Up 10%

• Up 20%

• Up 30%

• Up 40%

What percentage of China's GDP is based on SMEs?

• 40%

• 70%

• 60%

• 50%

How has China's approach to economic stimulus been described?

• Overwhelming

• Non-existent

• Modest

• Aggressive