Macquarie’s Lakos Expects a Better Picture for Markets in 2H

The video discusses the start of earnings season and its impact on market conditions, focusing on company profitability and external influences like US dollar stability and Chinese fiscal policy. It reviews the performance of Australian and global markets, noting incremental growth and record highs in Asian markets. The discussion highlights challenges in finding investment opportunities due to high valuations and explores economic indicators like yield curves and Federal Reserve policies. The strategy involves adjusting market positions while considering the extended economic cycle and potential end of US expansion.

What challenges are being faced in finding value opportunities in the current market?

What are the implications of the US Federal Reserve keeping rates on hold for the market cycle?