HSBC's Major on the Equity Market

The transcript discusses the current state of the equity market, the impact of low real rates, and the potential effects of a vaccine on market trends. It delves into inflation expectations, the risks associated with real yields, and the role of government support in credit markets. The conversation also covers currency trends, particularly the euro, and the European Central Bank's policies. Overall, the discussion highlights the complexities of market dynamics in the context of economic uncertainty.

What are the potential risks associated with low real yields in government bonds?

How might the outlook for the dollar influence interest rates?

What role do government support measures play in the credit market?

In what ways do the ECB and Fed differ in their approaches to monetary policy?