BlackRock, the world’s largest asset manager, urged its clients to hold their nerve.
Richard Turnill, BlackRock’s global chief investment strategist, said the US actions targeting Chinese imports were “an opening gambit for negotiations” rather than the start of a full-blown trade war.
“We expect Beijing to try to address its trade deficit with the US by opening up Chinese markets in the medium term.”
2018-04-08 11:19
UBS has told its clients to stay invested while global growth and corporate earnings remain supportive of further equity gains. But it is also holding more defensive positions, including an overweight in US 10-year Treasury bonds as well as exposure to the Japanese yen, which it expects to perform well if there is a broader downturn in stock markets.
2018-04-08 11:21
Beijing has not yet set a date when its tariffs will become effective, suggesting that Chinese policymakers still see room for extending the current negotiations, according to Raoul Leering, head of international trade analysis at ING, the Dutch bank.
“It is likely that China will, in the end, cut its losses and be willing to give Trump something, given the large dependency of the Chinese economy on American demand,” said Mr Leering.
2018-04-08 11:24
Why u still need classes?
Cannot make money from stock trading meh?
So many e-meetings no people subscribe meh?
2018-04-08 11:29
The purpose of subscription is to create followers
I3 sifu have higher rate of winning in stock market because they can manipulate and tell people to buy
2018-04-08 12:13
If one got a stable job wont simply move from state to state lah. Cp teh it is time to step your foot on the floor and become a teacher lah. You dont have the skill and temperament to become a good stock player.
2018-04-08 15:18
aiinvestor
BNP said the probability of a full-blown US-China trade war was “low”, so there was no immediate need to adjust portfolios to a fully defensive strategy, but the trading environment had become riskier and investors should buy protection against increased volatility and the threat of a broader sell-off.
2018-04-08 11:14