SEB's Victorino on Global Markets

The video discusses the potential risks of a recession and how much of it has been priced into the market. It highlights China's transition from COVID restrictions and its impact on the global economy, particularly in 2023. The discussion covers the equity market's outlook, emphasizing that while some factors are priced in, pessimism has been overlooked. The video also explores challenges in Asian exports, with China's demand potentially offsetting these issues. Finally, it addresses the dollar's weakness and its implications for global forecasts, noting the impact of China's reopening.

What is the current market sentiment regarding China's reopening from COVID-19?

• It is negatively impacting the market.

• It is irrelevant to the market.

• It is not fully priced in.

• It is fully priced in.

What percentage of the COVID cases reported in China were asymptomatic?

• 50%

• 75%

• 100%

• 92%

What is the expected growth rate for China in 2023 according to the market narrative?

• 7.5%

• 4.0%

• 5.3%

• 6.0%

How does the market view the reopening story of China?

• As a forward-thinking opportunity

• As an irrelevant factor

• As a long-term risk

• As a short-term setback

What is the anticipated impact of China's reopening on the US dollar?

• No impact on the dollar

• Causing dollar volatility

• Strengthening the dollar

• Weakening the dollar