A J.P. Morgan expert strategist said on Thursday that traders can anticipate the "best" results from Asian shares in the first half of this year due to the fact that the negative feeling from 2018 is starting to diminish. Mixo Das actually said "We're expecting more upside in the first half ... I think the best part of the returns you'll have in Asian equities will be in the first half."
Last year investors were concerned regarding many circumstances that could pressure stocks. Those circumstances include a possible slowdown in the U.S., a slowing increase in China, and the tax dispute between the U.S and China. Those anxieties drove to a sell-off in the global markets, with equities in Japan, Greater China, and South Korea to be included among the largest losers in Asia. Das noted that "As we get more clarity on the US-China trade deal, China's growth bottoming out at some time in [the first] half, and the U.S. economy averting a recession in 2019 — all these things essentially will reinforce that risks are coming down and that's why equities are going to rise in the first half."
The strategist continued, that he favors "value stocks" that are exchanging at a price below where traders believe it should be in the first half of this year. Das also said that an increase in company profits could fade in the 2nd half of the year, partially because of interruptions.
Asian stocks looking good according to JP Morgan
Andamento del mercato - 14/02/2019