Nikko AM on 4Q Outlook

The transcript discusses the economic outlook, focusing on inflation, bond yields, and market trends. It highlights the potential for a Goldilocks scenario, where economic conditions are just right. The discussion covers projections for bond yields and equity markets, emphasizing macroeconomic factors like labor tightness and inflation. Concerns about the bond market and treasury yields are addressed, along with the impact of budget deficits. The transcript also explores the yen's value and the Bank of Japan's policies, noting potential interventions to prevent excessive yen weakness.

What is the $100 million question regarding inflation?

What scenario is described as the 'Goldilocks scenario'?

What are the expectations for bond yields in the fourth quarter and next year?

What macroeconomic conditions are expected to influence equity markets positively?

What concerns are being raised regarding the credit markets?

How does the speaker view the potential intervention of the Bank of Japan regarding the yen?

What is the speaker's perspective on the future of the JGB market?