DBS remains bullish on the US tech giants and European stocks, but is also finding opportunities in Asian dividfinish plays and nuclear energy.
The Singapore-based lfinisher believes the global economy is facing a ‘prolonged downturn’ as companies postpone investment amid US trade policy uncertainty.
Chief investment officer Hou Wey Fook does not expect a bear market though, pointing to institutional and private investors sitting on a ‘wall of money’ ready to invest, at the bank’s half-year outsee briefing.
Leave a Reply