China's economy appears increasingly set to avoid a"hard landing" and that could help push the country's stock markets higher for the rest of this year, according to Stefan Hofer, chief investment strategist at LGT Bank.
"One of the more frightening tail risks that have been on investors' radars is the idea of China having a hard landing," Hofer told CNBC on Monday. He noted that they have since focused their attention on whether such an outcome can be avoided. "But at least we can hold on to what we have, which is already quite important, and so profit-taking should actually be quite minimal," Hofer said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
The biggest question for Tesla is whether the company can make steady profits on its carsAnalysts are worried that Tesla demand is fading — but they're mistaking demand for demand growth. Most likely nope. Not steady profit for the next 3 years the company is spending money for its infrastructure after this it's going to Boom like a New York Apple
Leer más »
Wall Street bull run hinges on earningsOptimism that the United States and China will soon reach a trade deal has helpe... And Trump not taxing the EU AND SLAPPING TARRIF'S ON ANYTHING THAT DISAGREES WITH HIS ORANGE HAIRLINE!!! JUST TWEETING BRO. CHOLLAX
Leer más »