Equities: New extremes and a challenging opportunity set
Discover insights on the future of equity markets in Q1 2024 and navigate the potential recession with strategic investment choices.
Summary: China’s economic growth has slowed due to deleveraging and an emerging trade war with the US, but the government has stepped in to mitigate the consequences. Although an escalation of the trade war could spell another leg down, Chinese equities now look cheap, and long-term investors should not lose sight of the opportunities.