bullish

Asia Economics: The Market Panic Does Not Alter Medium-Term Trajectory

335 Views06 Aug 2024 11:14
SUMMARY
  • Fears of a US recession and higher Japanese rates have sparked a market panic that may hurt Asian economies and markets in the very near term.
  • However, the Asian region should weather the storm so long as the US avoids a recession, as we believe it will.
  • Not all Asian central banks will follow the Fed in cutting rates. Improved growth in Asia and stable inflation yield a different set of tradeoffs than that facing the US.
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