Equity Valuations Looking More Attractive in 2019, Says Nomura's Hafeez

The video discusses the challenging year for global stocks, highlighting the worst December for U.S. stocks since 1931. It explores how valuations appear attractive for 2019 but emphasizes the need for cyclical drivers to trigger a stock rally. The discussion shifts to the impact of trade resolutions, particularly between the U.S. and China, on market dynamics. The video also examines China's economic challenges, including weak data and equity drops, and how these affect global markets. The importance of stabilization in China for global market health is underscored.

What cyclical dynamics are necessary for equities to bounce back?

What are the implications of China's economic data on global markets?