China Market Volatility to Last 'Quite a While,' Goldman Says

The video discusses China's economic outlook for 2023, predicting a 4.5% GDP growth due to relaxed COVID policies and increased demand. Despite market volatility and mixed signals from COVID policies, China is seen as well-positioned globally. Investor positioning remains cautious, with a focus on consumer-related sectors. Earnings are expected to recover, though consensus may be optimistic. The video provides insights into market dynamics, investor strategies, and sector recommendations.

What sectors does the speaker suggest investors focus on for the reopening story?

How does the speaker view the relationship between valuation expansion and earnings in the current market?

What are the expectations for earnings growth in the upcoming year according to the speaker?