Ashwin Alankar, Head of Global Asset Allocation, believes that data can tell us a lot about what is going on in the marketplace. In this video, he discusses what current data may be indicating for the wider market.
- US equities have made up the bedrock of the equities rally over the past few years. Today, however, Ashwin believes that data is indicating Asian equity markets have taken over as the most attractively valued region.
- Recessions in the post-world war era have typically started when the price of money trades more expensively relative to GDP growth.
- In the near term, the price of money appears fair in US terms, and over longer-term horizons, the price of money appears cheap relative to GDP growth.
This video was recorded on 6 March 2019.