Global credit cycles

John Bilton, Head of Global Multi-Asset Strategy at JPMorgan, and Stephanie Flanders, Chief Market Strategist for UK and Europe at JPMorgan, dive deep into global credit cycles. They discuss how post-crisis deleveraging has been slower than anticipated, with high debt levels persisting. The duo analyzes current global debt dynamics, including the risks in economies like China and the impact of low-interest rates on central banking. They emphasize the importance of tracking these cycles to inform investment strategies amid shifting financial landscapes.