U.S. Near-Term Growth Is Going to Slow, Deutsche Bank’s Chadha Says By Bloomberg Markets TV and Finance on May 22, 2019 in Economic News The following video is brought to you courtesy of the Bloomberg Markets and Finance YouTube Channel.
U.S. Near-Term Growth Is Going to Slow, Deutsche Bank’s Chadha Says binky chadha Home Loans In Plainview, chief U.S. equity and global strategist at Deutsche Bank, examines how equity markets have reacted to U.S.-China trade tensions as he expects U.S. growth to slow.
The German bank resembles U.S. banks eight years ago, which rebounded after hitting rock bottom. Barring that kind of crisis, though, you can expect a slow-motion recovery for Deutsche Bank and its stock. "Europe has some work to do to shore up its banking system, and it is not going to go away soon.
May.22 — Binky Chadha, chief U.S. equity and global strategist at Deutsche Bank, examines how equity markets have reacted to U.S.-China trade tensions as he expects U.S. growth to slow. He speaks on "Bloomberg Daybreak: Americas."
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“Yes, a lot is already priced in and the market is arguably due for a modest selloff,” said Deutsche Bank chief U.S. equity strategist binky chadha. scope for the risk rally to persist in the near.
Mr. Chadha originally joined Deutsche Bank back in 2003, having focused on a CEO role in India. In 2012 he stepped into the co-head role for APAC, which paved the way for a more lead role in the region. Deutsche Bank’s APAC business had experienced a decline in Q1 2016, much like the rest of its operations in the same period.
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The Market’s Biggest Bull Sees 12% Gain for 2017. Chadha is venturing boldly where no major strategist will go, forecasting the S&P 500 Index (SPX) at 2,600 by the end of this year, according to Bloomberg, a gain of more than 12% from Friday. His is the most bullish of 18 forecasts compiled by Bloomberg last month.
May.22 — Binky Chadha, chief U.S. equity and global strategist at Deutsche Bank, examines how equity markets have reacted to U.S.-China trade tensions as he expects U.S. growth to slow.
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