Audioburst Search

Coming up next

China, Brooke Jubal, Brock discussed on Bloomberg Daybreak: Asia

Bloomberg Daybreak: Asia
|
1 year ago

Oliver Purse, New York And New Orleans discussed on Bloomberg Daybreak: Europe

Bloomberg Daybreak: Europe
|
7 hrs ago

America And China discussed on Bloomberg Daybreak: Europe

Bloomberg Daybreak: Europe
|
3 d ago

President, Bloomberg Bloomberg And Bernie Sanders discussed on Bloomberg Daybreak: Asia

Bloomberg Daybreak: Asia
|
4 d ago
Bloomberg Radio New York

Automatic TRANSCRIPT

Pac rim region right now, Brock if I gave you let's say one hundred thousand dollars where would you put it to work to kind of capture some return? Well, first thanks for that gift. I appreciate that. I would say look Shanghai was the worst performing market the in the last year. And I think China's in for a very difficult year in twenty nineteen especially the first half looks to be quite bleak. You know, we've got down rising rates. Weaker yen trade war risks. I simply wouldn't put new equity capital into China right now things may look better by the second half. But right now, I I'd be selling into any rallies that I encounter between hither and yon now. What do I think is an opportunity that will see in two thousand nineteen I think distressed debt will do. Well supply is definitely going to grow as more regional debt comes due. And I don't think China can allow a new string of bankruptcies. I think your view on equities depends on your view of the trade war, and whether it ends quickly or not if the trade war is going in within the ceasefire period, there will be stocks that will pop on news of an agreement and that will happen regionally if not globally so in the US that accent, China, maybe consent, Hong Kong and Singapore, Hutchinson holdings. All of these will be good to hold on the day and agreement is announced, but if you were continuing for a bit as I probably do then it's still too early for bottom fishing, and I prefer to keep my powder dry for them. All Brooke how bad things getting back in China, economically speaking quickly. Not good. I think the first half of twenty nine thousand nine looks particularly bleak. The slowdown is real and not only that. But it seems to be deepening and China hasn't yet found a coherent strategy to deal with it. So that should be one in and of itself. Brooke Jubal's are very quickly that this is not being still price into stocks sufficiently. I would I would say yes that is that is a danger, and I would look for..