JPMorgan explains why it's cautious about ASEAN markets

Rajiv Batra of JPMorgan cites a possible U.S. recession and fading tailwinds from China's reopening as factors that could weigh on emerging markets.

JPMorgan explains why it's cautious about ASEAN markets

Rajiv Batra, of JPMorgan, cites as factors a possible U.S. economic recession and the fading effects of China's reopening. He also mentions the recent spike in virus cases, which could be a headwind to the market.