Nomura’s McCafferty Likes Asian Equities

The video discusses the current state of Asian equities, noting they are cheaper compared to US stocks. It highlights the impact of the coronavirus on economic activities, particularly in Hong Kong, and the subsequent adjustments in growth forecasts. The discussion includes the effects on industrial production and the market's reaction, drawing comparisons with the SARS outbreak. The video concludes with insights into investor behavior and market trends.

What is the main reason for the current panic in the stock market according to the first section?

• Political instability

• High inflation rates

• Technological advancements

• Coronavirus outbreak

What action did the strategist in Singapore take regarding the growth forecast?

• Eliminated the forecast entirely

• Reduced the forecast to 10%

• Maintained the forecast at 12%

• Increased the forecast to 15%

How does the Chinese New Year affect industrial production during the coronavirus outbreak?

• It has no effect on production

• It reduces the impact due to a pre-existing shutdown

• It causes a complete shutdown

• It increases production levels

What is one reason for the quick rebound of Asian equities compared to the SARS outbreak?

• Better healthcare facilities

• Higher government intervention

• Lower boredom threshold of investors

• Increased foreign investments

What does the decrease in incremental coronavirus cases suggest about the market?

• The market will experience a crash

• The market will remain stagnant

• The market is beginning to recover

• The market is likely to decline further