From time to time, you may have indigestion in the market. It's that sort of a curse. Analyze the businesses that are coming and make your decisions on that basis. Just don't buy them because they are coming.
More Quotes from Malcolm Wood:
In China, we stress a portfolio focused on domestic stocks and certain market leading consumer stocks in industries where there has been consolidation. Banks are also interesting, with good credit growth, the probability for increased fee income and implementations of cost cutting measures. Valuations may not be cheap but still appear attractive.Malcolm Wood
We remain overweight on the global growth proxies of Taiwan, South Korea and Singapore.
Malcolm Wood
Clients and investors inevitably say that a yield curve inversion spells a recession, but looking at the US yield curve in the context of other indicators, the news is positive.
Malcolm Wood
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