Credit Markets Have Been Ripe for Aggressive Repricing, Says M&G's Lonergan

The transcript discusses the current state of global markets, focusing on the performance of emerging markets, US equities, and credit markets. It highlights the nuanced reality of market dips and the potential for investment opportunities. The discussion also covers the impact of the Federal Reserve's policies on interest rates and inflation, and the implications for risk assets. The speaker emphasizes the importance of understanding market behavior, whether emotional or driven by fundamentals, and the potential for a major repricing of asset markets.

What factors contribute to the emergence of dip buyers in the market?

How have Chinese equities performed recently according to the discussion?

What is the significance of the Fed's actions on credit markets?

What are the potential outcomes if the Fed moves to an average inflation target?

Discuss the implications of a potential recession as mentioned in the text.

How does the speaker view the current state of US equities compared to other markets?

What are the key concerns regarding corporate leverage in the current market?