In our latest episode, Eli Lee, Head of Investment Strategy at Bank of Singapore, discusses the latest global economic developments and key concerns impacting investors.
The new Executive Order on Chinese stocks by the Biden White House last week contributed to further uncertainties faced by a market already navigating issues of peak growth and stimulus in the months ahead.
As we position for the market to enter a more mature mid-cycle phase, we expect to see earnings growth play a greater role in driving price appreciation, in contrast to price-to-earnings multiple expansion, driven by lower real rates in the early post-pandemic recovery phase.
Tune in to find out more…
