Reported 10 days ago
This week, China has implemented significant measures to stimulate its economy, but caution is advised as there have been previous false recoveries. Martin Schulz from Federated Hermes acknowledges that while Chinese stocks appear cheap, the country's economic challenges persist, especially in the struggling property market. In contrast, Schulz is more bullish on Japan, citing positive economic indicators like yen performance and rate hikes from the Bank of Japan. Brazil is also on his radar due to its proactive monetary policy, despite facing political challenges. Overall, Schulz emphasizes selective investment strategies across these markets.
Source: YAHOO