The sectors — and stocks — to buy in Asia after Trump's win, according to analysts

Former U.S. President Donald Trump's victory over Vice President Kamala Harris in this week's election has raised questions about how Asia will be impacted. "At face value, Trump 2.0 is bad news for Asia, esp China," analysts at Macquarie Research wrote in a Nov. 7 note, given the president-elect's plans to raise tariffs and cut taxes. "When passed, the will sweep across Asia, particularly China should spike volatility and compress multiples as uncertainty prevails.

Touching on the impact of potential tariffs on imports — especially from China — into the U.S., the strategist believes the "direct earnings impact ... is likely to be limited, given more than 85% of MSCI China's primary revenue comes from mainland China." "While slower exports would impact domestic investment and consumption indirectly, Beijing's fiscal and monetary policies could offer some offset.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asia stocks muted as Trump rally cools; Fed, China stimulus in focusAsia stocks muted as Trump rally cools; Fed, China stimulus in focus
La source: Investingcom - 🏆 450. / 53 Lire la suite »

China stocks rise on better-than-expected PMI data amid broad declines in Asia marketsAsian traders assessed third-quarter producer prices data from Australia and Caixin China manufacturing purchasing managers' index reading for October.
La source: CNBC - 🏆 12. / 72 Lire la suite »