U.S., Europe Likely Preferred Markets in 2021: JPMorgan’s Hui

The video discusses the challenges of inflation in emerging markets, particularly in Asia, and its impact on interest rates and currency depreciation. It explores the rotation from tech stocks to cyclicals due to rising interest rates and economic recovery. The video also examines the divergent recovery paths of different regions, highlighting the impact of vaccine rollouts. Finally, it addresses labor market disconnects in the US, caused by supplementary unemployment support, and the potential for wage growth as these policies phase out.

What are the potential consequences of the supplementary support for the unemployed in the US?

In what ways does the speaker believe the labor market disconnects could be resolved?