The Federal Reserve may well rethink its tightening plans amid the continued market liquidity crunch, says CLSA's global equity strategist, who is bullish on Chinese government bonds.
Tag : christopher wood
CLSA strategist Chris Wood notes the US Federal Reserve has been wrong on just about everything, adding QE is deflationary and is having the opposite effect to what was intended.
The firm consults users of its All-World Index and Global Equity Index series to determine their sensitivity to stocks assigned nationality by listing destination, rather than incorporation.
If the second round of quantitative easing succeeds in reviving US and global growth, Japanese equities could go on a tear, with the yen weakening and Japanese exports surging. But it's a big if.
