One of the biggest surprises in the global stock markets has been the move in China. With a gain of over 30% relative to the 13% move in the MSCI world, it does not make sense. The trade war issues with the US make these kinds of moves odd. Additionally, China's internal politics are not particularly friendly to business, and global investors still avoid investing there. Nevertheless, firm fiscal and monetary policies, coupled with measures to finance share buybacks and discussions of improved corporate governance, may be making Chinese equities a better alternative to the property market. Internal money flows may be the key driver.
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