Home Tags Black Lives Matter Movement
Tag: Black Lives Matter Movement
Latest research report entitled "Global Automated Tension Control Solution Market Insights 2021 and F
Zlatan Ibrahimovic showed an unusually anonymous performance in the 2-0 defeat against Spezia on Saturday
(Bloomberg) - Asian stocks are waning after beating global competitors last year.During 2021 began with investors who believe regional stocks will continue to lead the global rally in stocks as vaccine adoption gains momentum , that belief now appears to be in short supply due to a sell-off in Chinese stocks and concerns about the strength of the dollar.The MSCI Asia Pacific Index is only up 3% year-to-date, compared with nearly 10% gains in each of the stock benchmarks in the USAS and EuropeThe youngest leap in real US. Government bond yields have put risk-weighted assets under pressure, causing money managers to rethink geographic and cyclical exposures in their portfolios.Higher yields also increase the likelihood of a stronger dollar - a traditional negative for aspiring Asian investors - especially when the worst Course in China, the world's second largest stock market, has tarnished sentiment for years "It's hard to see a catalyst for regaining stock market leadership in Asia without a more supportive political backdrop in China or a reversal of the reflationary market sentiment we see in 2021 "said Nick Watson, Portfolio Manager at Janus Henderson Investors." On a regional basis, returns on Chinese stocks weighed heavily on the broader index in 2021. "Investors are already shying away from big bets as the intraday fluctuations of the Asian index are at their lowest China's CSI 300 Index has fallen since early 2021, is down more than 13% from February's 13-year high amid concerns about valuations and a possible liquidity shortage in the nation READ: Chinese Property Complaint Eroded by Dollar Strength, US. Rates Much of the growth recovery in Asia has been priced in, said Patrik Schowitz, global multi-asset strategist at JPMorgan Asset Management Emerging Asia was downgraded from overweight to neutral, "largely due to a less optimistic view of Chinese stocks," he said Virus Also Affecting Asia's Prospects, Virus Cases And Vaccine Shortages Are Resurgent In Some Countries While investors praised the region for its progress in containing the pandemic over the past year, the recent surge in infections has seen Japan, India, Thailand and the United States Philippines weighs on equity performance In comparison, nations like the US. and the UK are much further ahead with their vaccination campaign Also, some investors see stocks in the U.S. and Europe remains a bigger beneficiary of government incentives in the short term. Asia “is a less positive Covid story than the U.S. and duK"Said Watson" Unlike other growth markets like the US.Investors in Chinese stocks are unlikely to find much support from the central bank as authorities try not to fuel a stock market bubble, ”he said READ: More than 726 million shots fired: Covid-19 Vaccine Tracker Still, some are more optimistic about it Asian stocks This is due to attractive valuations, strong growth prospects and the expectation that regional manufacturers will benefit from a possible rebound in US Consumer Spending "We remain overweight Asian stocks, attracted by expected EPS growth of 30% in 2021, fair valuation, China's economic strength and a greater focus on ESG considerations," said Sean Taylor, APAC's chief investment officer at DWS GroupFor more articles like this, please visit us on BloombergcomSubscribe Now to stay ahead of the game with the most trusted business news source © 2021 Bloomberg LP.
SportsLine's projection model simulated nuggets vs. Celtics 10000 times