How a US-China trade deal could benefit SA
Dwindling tariff and recession fears until the 2020 US elections should lead to some restocking effect and investment growth by the first quarter, analysts say
11 November 2019 - 07:37
Africa is poised to become the “land of opportunity” for bond and equity investors should the US and China strike a trade deal, Bank of America (BofA) says.
“At a minimum, we think the removal of tariff and recession fears at least until the November 2020 US elections should lead to some restocking effect and green shoots by the first quarter,” BofA strategists David Hauner and Claudio Irigoyen said in a client note...
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