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Politics may stoke fears but its impact on markets is temporary: Citi Private Bank

Published Thu, Jan 16, 2020 · 09:50 PM
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Singapore

POLITICS has much less sustained impact on markets than investors perceive, according to Citi Private Bank.

Geopolitical concerns such as the United States-China trade war, the US elections and Brexit stoked fear among investors in 2019 and will continue to do so in 2020.

Despite that, the bank holds a positive outlook for 2020, expecting global growth to rise to more than 3 per cent, from less than 3…

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