During his LIVE interview with CNA earlier this morning, Jimmy Zhu, Fullerton Markets’ Chief Strategist, discussed the latest developments in the global markets and the economic outlook for the rest of 2021.
Key takeaways are:
👉 The market will continue to focus on the value assets, more than the growth stocks.
👉 The forecast of China's economic recovery from the Delta variant.
👉 Gradual appreciation of the dollar, instead of a clear rebound, is likely.
👉 Industrial stocks and retail counters are expected to lead.