Here's your summary from Sigmoid Capital CIO on Japan, China Markets (https://www.youtube.com/watch?v=MGTaxeSHhUU) on the Bloomberg Television channel:
### TLDR:
Japan is seen as an underappreciated turnaround story with potential for further upside, while Chinese domestic brands are expected to go global despite concerns about overcapacity in the manufacturing sector.
### Key Points:
1. Japan is projected to experience nominal GDP growth and a rerating of equities due to wage increases, price inflation, and corporate governance reforms.
2. Chinese domestic brands are expected to expand globally, with estimates that five of the top ten companies in the future will be Chinese.
3. Concerns exist about overcapacity in the Chinese manufacturing sector, which may require downsizing in the coming years.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro