Matthieu Arseneau, ANalysts at the full service bank of North American country imply that United States firms may get hit within the market with an increase of the trade war between the United States and China.
Key Quotes:
“The U.S. stock exchange has been the third high acting stock exchange among the forty nine countries within the MSCI ACWI index since early 2017 (following Brazil and Saudi Arabia). This development is definitely a supply of pride for this administration as we tend to head into AN election year. the continued trade war, however, represents a risk to the U.S. stock exchange.”
“We’ve argued many times that the U.S. firms aren't unsusceptible against a trade war increase as foreign sales account for no but forty third of total revenues for the S&P five hundred listed corporations.”
“Stocks of companies with the most important foreign exposures square measure still outperforming by a big margin those tipped towards the domestic economy. This advantage will wane quick if trade tensions don't abate within the coming back weeks. Recent S&P500 drawdowns have so been felt a lot of acutely for these firms.”
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