We Are Continuing to Avoiding European Banks, Says State Street’s Jones

The video discusses the challenges faced by European banks, highlighting their disappointing performance due to a flat yield curve and weak loan growth. It also debates the valuation of these banks, suggesting they are not as cheap as perceived. The second part of the video shifts focus to US-China trade relations, particularly intellectual property issues. It suggests that while IP theft has been a historical issue, China is now capable of innovation without resorting to theft, and both countries could reach an agreement on this front.

What are the main issues facing European banks according to the text?

How does the yield curve in Europe affect the banking sector?

What is the speaker's opinion on the valuation of European banks?

What progress does the speaker foresee in US-China trade relations?

How has the perception of intellectual property theft changed according to the speaker?