Asia stocks may not rise much further as fundamentals remain weak, Credit Suisse says

Major indexes in Japan, South Korea, Australia and Hong Kong are all down year-to-date, though they are off the lows seen in March.

While Asian equities over the last 15 years have moved largely in tandem with their earnings estimates, the "present situation is an anomaly," where the earnings outlook has weakened sharply but the market is staying strong, according to BNP Paribas' head of equity research for Asia-Pacific, Manishi Raychaudhuri.

Most of those countries also have limited fiscal space to adequately offset the fallout from the extreme lockdown, Tantia said.

LOL. Weak？Does he even read financial reports？

This just doesn’t look right.

Oh you guys had to be crying with that 900+ rally today. But you keep dooming and glooming hacks. LiberalismIsAMentalDisorder

Why not? When the FED print money for America corporates...these companies can use these monies to buy up the rest of the world...MAGA again...😷

This is why I love to invest into America! We have very strong fundamentals and can sustain through the coronavirus! Asia is well on it’s way though!

1Voice has donors who've recovered from covid_19 Reply if you can donate or need. Include BeTheCure 1Voice & RT Copy to your own. We will RT. StormMela dwaynecobb mcdirk HMeemaw Peter_S_Becks1 freddyvandam300 AzizianRahim

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia Pacific stocks set to open mixed; Fed Chair Powell assesses prospects of U.S. economic recoveryU.S. Federal Reserve Chairman Jerome Powell said the economy stateside may need a coronavirus vaccine to fully recover.
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks set to trade higher as hopes of coronavirus vaccine riseStocks in Asia were set to open higher on Tuesday as hopes rise on a potential coronavirus vaccine after a positive development from a Moderna trial. COLOMBIA: CNBC your tweets help smart people make money! 😊 There is NO vaccine yet! Today was a stock pumping scam by the CEO of $MRNA NAR BloombergAsia i
Source: CNBC - 🏆 12. / 72 Read more »

This is how credit card companies select you for special offersCNBC spoke with an expert who explains what makes someone a good candidate for 0% APR offers and when to expect a pre-approval offer in the mail. Media layoffs & furloughs must continue en masse until there are 14 days w/out any deaths. The jobs will come back, I've been told by dem governors. It's like cutting a parachute at 1,000 ft! If it only saves 1 life, it's worth it. We Are All In This Together. Stop being selfish! Select? Anyone with a pulse?
Source: CNBC - 🏆 12. / 72 Read more »

Companies in Asia Pacific are having a really hard time getting paid, survey showsA large proportion of companies in the Asia Pacific have been facing issues of unpaid receivables and delayed payments over the last three years, an industry survey found. it is helpful How much of this has to do with Asian culture?
Source: CNBC - 🏆 12. / 72 Read more »