HedgingfundMedley Global AdvisorsAnalystBen Emons said that the growth potential of the UK and some Asian regions will be greater than that of the United States. He believes that the biggest risk facing the US market is that as the economy improves, the Fed will decide to raise interest rates again.
Emons believes that at present, investors are convinced that the Fed will abandon interest rate hikes, but this does not mean that the Fed will not make corresponding adjustments according to the US economic situation. The dovish's Fed is widely regarded as one of the biggest drivers of the stock market. Although the Fed is insisting on and continuing to convey its dovish tone, any change in the future will be very dangerous for investors.
He pointed out that investing in the UK may achieve greater returns, and the risk of Brexit is creating panic and putting pressure on the market. There are too many uncertainties in Brexit, but Emons believes that the risks of investing in the UK are concentrated on this point. The uncertainty of Brexit will gradually disappear. Compared with other EU countries and the United States, the UK market has more More upside.
For investors with high risk tolerance, Emons said that Asian economies such as China, South Korea and Malaysia are good investment options. He explained: "The trade friction will eventually have a favorable solution. South Korea is very sensitive to global trade, and Malaysia is an undervalued market. For these markets, the turning point will come soon."
(Article source: Zhitong Finance Network)