Virus Concerns Trouble G-20 Finance Chiefs

The transcript discusses the current state of equity markets, highlighting a sense of complacency despite record levels and volatility. It explores the potential for market turmoil and rebalancing, especially during low liquidity periods. The conversation emphasizes the need for a vigilant and idiosyncratic approach to asset allocation, considering macroeconomic uncertainties and interest rate changes. Additionally, it touches on opportunities in China's market, despite regulatory challenges, and the importance of focusing on relative value within asset classes.

How does the speaker view the relationship between inflation and the Fed's monetary policy?

What does the term 'idiosyncratic approach' refer to in the context of asset allocation?

What are the potential risks associated with investing in lower-rated higher-yield assets?