Reported 2 days ago
As the global trade war escalates, Asian consumer stocks are becoming increasingly attractive to investors seeking safety. Firms such as Goldman Sachs and Fidelity highlight defensive investments in consumer staples as they begin to outperform other sectors. With government stimulus anticipated and a shift toward local demand, the MSCI Asia Pacific Consumer Staples Index has risen 5% since early April, indicating a significant change in investor sentiment amidst ongoing trade tensions.
Source: YAHOO