Stocks Priced to Do Well if Some of the Fears Go Away: M&G Investments

The video discusses the impact of trade news, such as President Trump's tariff delays, on emerging market (EM) assets. It highlights the potential for EM assets to perform well if central bank easing and trade war risks decrease. The bond market is analyzed, showing current risks and poor prospective returns, especially in developed markets. In contrast, global equities and emerging market bonds are presented as more favorable investment options due to better earnings yields and growth potential.

What is the significance of the earnings yield in evaluating global equities?

In what ways do global equities compare to cash and government bonds in terms of returns?