DBS’s CIO, Hou Wey Fook, believes the removal of election overhang will bode well for risk assets overall. “The midterm election result is, on balance, positive for financial markets. The S&P 500 Index rallied 2.12% overnight, while the US high-yield bond spread also tightened by 9 bps,” Hou said. “Heightened political gridlock will weigh on fiscal stimulus in the US,…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
