The BlackRock Investment Institute said on Tuesday that recent parliamentary elections in Britain had made valuation of U.K. equities attractive, while Japan stocks remained its favoured equity investment play.
“Valuation is very compelling … and given the perceived political stability leading to better sentiment, we think there’s a tactical opportunity for U.K. equities,” Wei Li, global chief investment strategist at BlackRock, said on Tuesday. With regards to U.S. government debt ahead of the presidential election, long-term debt prices are not sufficiently reflective of the prospect of widening U.S. fiscal deficits, prompting BlackRock’s preference for short– to medium-dated Treasuries, said Li.
“Both of these candidates are not really talking about plans that bring down fiscal deficits. They spend in different ways but they’re both looking to spend,” she said.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: globeandmail - 🏆 5. / 92 और पढो »