Emerging Markets preferred, Bank of Singapore CIO says

//Attached link is video, will be giving a gist of the video below for personal notes//

SOURCE: https://www.bloomberg.com/news/videos/2018-11-27/emerging-markets-favored-bank-of-singapore-cio-says-video

 

CIO Rajeev de Mello: ”think that the Fed is slowly going towards a pause, and that is one of the big headwinds for EMF (which might be heading towards an end)

emf-msci-figure.png

The MSCI World is a market cap weighted stock market index of 1,649 stocks from companies throughout the world.

Major factor –> G20 Summit between Trump and Xi. (This saturday, 1st Dec 2018)

Very hard to come to a resolution given the antagonistic relationship. Some of the negative sentiment (i.e. trade tension etc) has already affected the market (priced some of it in), more yet to come.

Given the dire situation, market can have a positive outcome even if there is a delay in tariff increase to 25%, much less to say if there is a positive outcome to the summit.

IF there is a positive outcome, asian stocks (China stocks) will do well, given that they had been beaten down quite significantly throughout the course of the year.

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