CNBC: “How a Joe Biden presidency could benefit international stocks”
By admin_45 in IN THE NEWS
Excerpt from CNBC quoting DataTrek co-founder Nick Colas:
.... "DataTrek co-founder Nick Colas said he also will be watching the Chinese companies embroiled in controversies with U.S. officials.
“What I’m looking for is to see what happens with all the blacklisting of Chinese companies that we saw under the Trump administration and if we begin to see an unwind of that, particularly with Huawei, going into 2021,” Colas said in the same interview.
“Because what’s so important for Chinese equity investors … is where is technology going in the Chinese stock market over the next couple of years?” he said. “That’s really been a key driver of why that market’s done well, particularly this year, and can that continue with an easier overall trade policy and IP policy from the U.S. towards China?"....
Read the full article here on CNBC!
