Investors started getting jittery about global growth way back in early 2018, when all the major economies stopped growing in a synchronized fashion. The US soldiered on thanks to corporate tax cuts. But many other countries did not, as the first wave of US tariffs on China slammed those that relied on trade with the world's second-largest economy.
Fast forward to late-2019, and non-US stocks have discounted much of the recession risks that US stocks are now just grappling with, according to Shalett. "The pay-off from this type of positioning could be large as non-US markets are inherently more cyclical in their composition and thus more operationally leveraged to improvements in global growth," Shalett said. active, international fund managers who invest in value stocks and do not hedge the dollar
soooooo..... r we winning yet? 🙄
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Next stock market crash: Why a meltdown by year-end is on the table - Business Insider'A clear turn for the worse': A Wall Street strategist lays out compelling evidence that stocks are due for a meltdown before the year runs out Hee. Are China investors freaking? Right in line with the chaos of the election cycle.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Peloton stock analysts initiate coverage, are overwhelmingly bullish - Business InsiderPeloton just got a slew of 'buy' ratings from analysts who think the bike company is poised for major growth and could turn profit within five years.
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. business investment downturn could pressure slowing economyU.S. business investment contracted more sharply than previously estimated in th... 'Could' 🙄 11 Democrats liked, so far Maybe they're investing in Republican politicians instead. Really, I'm beginning to think that $2 Trillion GOPTaxScam not working.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. business investment much weaker in second-quarter than previously estimatedU.S. business investment contracted more sharply than previously estimated in th... America falls. But didn’t the massive corporate tax cut cause equally massive investment? Say it ain’t so! They keep saying the same thing everyday...
Source: Reuters - 🏆 2. / 97 Read more »