Now Is a Good Time to Add to Equities, Says Brooks Macdonald’s Park

The video discusses the shift to overweight international equities due to attractive valuations compared to bonds. It highlights the short-term impact of COVID-19 on markets, expecting a recovery fueled by fiscal and monetary policies. Historical comparisons to the Great Depression are made, with skepticism about the current rally. The video concludes with an analysis of economic data and predictions for a U-shaped economic recovery, contrasting with a V-shaped financial market recovery.

What factors led to the decision to move international equities to overweight?

What is the expected impact of COVID-19 on long-term economic growth according to the text?

What are the implications of the fiscal and monetary policy mentioned in the text?

What does the speaker suggest about the relationship between financial markets and economic data?

How does the current economic data compare to previous financial crises?