Fixed Income 'Great Repricing' Boosts Future Returns: JPM's Chang

The video discusses the long-term financial outlook, focusing on the great repricing and its impact on future returns. It highlights the potential for increased allocations to fixed income and international markets. The speaker advises caution in fixed income investments due to tight credit spreads and valuations, particularly in high yield and emerging market credits. The discussion also covers market preferences, emphasizing local markets in emerging economies.

What is the expected return from a 6040 portfolio over the next decade according to the text?

What changes in fixed income allocations are anticipated in the future?

How have credit spreads changed in relation to the equity market?

What are the concerns regarding high yield valuations mentioned in the text?

What is suggested about emerging markets in the context of local markets?