Jefferies: Fiscal stimulus and safe-haven demand are expected to benefit a range of asset classes in the coming days
Mohit Kumar, a global economist at Jefferies, stated in a report that the geopolitical situation is difficult to trade, but certain investment themes are expected to benefit in the coming days. In the fixed-income sector, the yield curve is expected to steepen as fiscal spending increases. In the foreign exchange market, the theme of diversifying away from the U.S. dollar is likely to gain further traction, with gold emerging as a key beneficiary. In the equity market, defense stocks are expected to continue performing well amid rising global defense spending.
Source:富途快讯 · Source Link
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