China believes that the US has overestimated its opportunities in the trade conflict, as the Asian side has a very strong trump card in the face of the rare earth metals it controls. The interlocutor believes that it is possible to witness an increase in trade relations between the EU and China because of Trump’s rhetoric and actions.
Now market participants are looking at data on exposed jobs in the US, which will show whether the US economy is headed for recession. Gold is often seen as a hedge against inflation, but nowadays it is rather a refuge in a condition of geopolitical risks. Bandilov sees no prerequisites to expect global inflation in the short term, as markets, especially those of oil, do not suggest increased demand. It is obvious that there is uncertainty in the US among investors, as the declines and recovery of the main indices is very sharp.
The interviewer explained that these turmoil after years may be just a momentary decline in the market, which is led by a bullish trend. In this scenario, the current situation represents an exceptional opportunity to enter the market, and technology stocks like the Magnificent Seven seem to be the most promising, as people will rely on technology more and more in the future.
The material is not a recommendation for making an investment decision!
All comments watch in the video: https://www.bloombergtv.bg/a/19-svetat-e-biznes/144156-zlato-e-ubezhishte-sreshtu-geopoliticheskiya-risk
