JPMorgan AM Is 'Overweight' Equities, Credit: Sheng

The video discusses the current state of equity markets, highlighting that while valuations appear stretched, earnings are expected to drive returns. It emphasizes a preference for cyclical markets and diversified exposure across regions. The discussion also covers potential market catalysts, such as virus and vaccine developments, and the accommodative stance of US monetary policy. The outlook for emerging markets, particularly in LATAM, is positive, supported by a weak US dollar. The video concludes with a focus on cyclical markets in Asia, especially Korea, due to their commodity exposure.

What is the speaker's perspective on the Fed's monetary policy in the near term?

What are the implications of potential delays in vaccine distribution?

How does the speaker view the cyclical preference in equity allocation within Asia?