Small Underweight in Equities: JPMorgan AM's Sheng

The video discusses the current state of the market, highlighting a cautious stance on risk assets, particularly in the US, while being more optimistic about China and Europe. It examines the US labor market's impact on inflation and economic outlook, suggesting that the Fed's rate hikes may be nearing an end. The video also explores investment opportunities in China and other emerging markets, emphasizing the potential for growth and favorable policies.

What risks are associated with a tight labor market and inflation?

What opportunities are seen in the Chinese economy according to the text?