If you're looking for a safer bet than U.S. stocks heading into an election year... here's where Barclays says you should go.
It may be a typically subdued day for stocks post-Thanksgiving, but escalating tensions between the U.S. and China over President Donald Trump’s support for Hong Kong have concerned investors.
With geopolitical risks mounting, Barclays, in our call of the day, expressed a “tactical preference” for European stocks over U.S. equities in 2020. Barclays forecasted a similar mid-single digit price upside for U.S. and European equities, but said the balance of risks favoured the latter. Emmanuel Cau, European equity strategist at Barclays, cited European stocks’ higher exposure to emerging markets and cheaper valuations. He added that while Barclays is overweight on U.S.
He added: “U.S. equities have tended to perform well in the fourth years of presidential terms, but this time around, the Trump impeachment hearings could affect investor confidence given the possible impacts on the outcome of the next election,” citing concerns over the potential impacts of Senator Elizabeth Warren’s policies.
The U.K.’s Court of Appeal has upheld an injunction preventing Royal Mail RMG, -4.23% employees from going on strike in the peak holiday delivery season.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Barclays shifts faith from US to European stocks for 2020Barclays has rebalanced its equity focus away from the U.S. and toward Europe and emerging markets for 2020.
Leer más »
Sylvester Stallone MGM Thriller ‘Samaritan’ Heads To Early December 20202ND UPDATE: Sylvester Stallone’s MGM thriller Samaritan is heading to Dec. 11, 2020. I hear that the actual reason for the move was that the Stallone film needs more time to be completed. Tha…
Leer más »
The Best Places To Retire Abroad In 2020Orion's sword Sea of Tranquility encyclopaedia galactica rich in mystery Flatland galaxies.
Leer más »
Bill de Blasio’s Case Against Michael Bloomberg 2020Bill de Blasio would like to make clear that if he can’t be president, it’s his intention to speak out against Michael Bloomberg’s White House ambitions, quite loudly if necessary. gdebenedetti reports
Leer más »
2 big things that could save or sink Trump in 2020It’s one of several nightmare scenarios for markets: A Trump administration failure to complete the China and USMCA trade deals could wreck the 2020 economic outlook. But Trump’s team remains optimistic.
Leer más »