Amid coronavirus outbreak, one market expert is bullish on Chinese stocks (via TradingNation)
"Remember that the FXI [is made up of] large-cap companies, and they've actually been more affected by trade talks," she said Thursday on CNBC's "." "So the signing of a phase one trade deal, while it does ensure that we have tariffs, it provides some certainty."
Given that the tariffs also actually ended up hitting small-cap Chinese stocks more than their large-cap counterparts, Sanchez said there is "probably value" that will be "trapped for a period of time" as the market determines the true impact of the coronavirus.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Justin Bieber Donates to Chinese Charity Amid Coronavirus SpreadAs the coronavirus continues to spread throughout China, justinbieber is doing what he can to support
Consulte Mais informação »
BBC exec hands back 12k appearance fee after he was shamed amid 450 job cutsBBC editorial director has been shamed into giving back £12,000 amid the 450 job axe at the broadcaster
Consulte Mais informação »
Georgia race devolves into nasty GOP fight amid fears it could cost Senate majorityRepublican Rep. Doug Collins' Senate campaign in Georgia has prompted a raging intraparty fight leading to the departure of some of his top political advisers and recriminations with the Senate GOP's main campaign arm.
Consulte Mais informação »
Shannen Doherty Says 'Stress Is an Understatement' Amid Cancer BattleShannen Doherty is getting candid about her battle with stage four cancer.
Consulte Mais informação »
Chris Hayes recalls Barr’s confirmation hearing amid Justice Department corruptionIn 2019, AG Barr said his allegiance would 'be to the rule of law, the Constitution, and the American people' during his confirmation hearing. chrislhayes: 'Really? It is now clear that that — like so much else — was a lie.'
Consulte Mais informação »
Asian shares aim for second week of gains amid virus scareAsian shares inched higher on Friday, on course to post the second straight week...
Consulte Mais informação »