Asia’s stock markets are well positioned to perform “very well” in the coming year, a strategist told CNBC this week. Darby said factors including the weak dollar, soft oil prices and light investor positioning in the region are positive. “We’re in a real sweet spot notwithstanding the U.S. politics with China,” he said. That way, they can get returns from their investments in another currency while paying less interest on the funds borrowed. “And I think there, the dangers in the tech stocks are much greater than in Asia.”
Source: The Standard September 15, 2020 01:52 UTC