Emily
Editor, Senior Moderator
Short-term is getting shorter and shorter.
https://www.msn.com/en-us/money/mar...-stocks-as-us-recession-fears-rise/ar-AAZ5M4e
Goldman Sachs Likes Chinese Stocks as US Recession Fears Rise
Mary Biekert - Frida
(Bloomberg) -- Chinese equities will be a bright spot as the fear of a global recession sends shares from the rest of the developing world spiraling, according to Goldman Sachs Group Inc.
Emerging-market stocks could dive another 8% to 15% if the US tumbles into a recession, according to an analysis of previous selloffs. That leaves a pocket of opportunity in the MSCI Inc. gauge of Chinese shares, which could get a boost from improving macroeconomic indicators, said strategists Caesar Maasry and Jolene Zhong in a Friday report.
“Despite market concerns regarding a potential US recession, we expect Chinese equities to remain driven by domestic activity and to be uncorrelated with the rest of the EM complex, at least in the short-term,” they wrote...
https://www.msn.com/en-us/money/mar...-stocks-as-us-recession-fears-rise/ar-AAZ5M4e
Goldman Sachs Likes Chinese Stocks as US Recession Fears Rise
Mary Biekert - Frida
(Bloomberg) -- Chinese equities will be a bright spot as the fear of a global recession sends shares from the rest of the developing world spiraling, according to Goldman Sachs Group Inc.
Emerging-market stocks could dive another 8% to 15% if the US tumbles into a recession, according to an analysis of previous selloffs. That leaves a pocket of opportunity in the MSCI Inc. gauge of Chinese shares, which could get a boost from improving macroeconomic indicators, said strategists Caesar Maasry and Jolene Zhong in a Friday report.
“Despite market concerns regarding a potential US recession, we expect Chinese equities to remain driven by domestic activity and to be uncorrelated with the rest of the EM complex, at least in the short-term,” they wrote...