Goldman Sachs created a new metric to measure how US-China tensions impact stocks, and said that there's still money to be made from the conflict
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Goldman Sachs has created a new metric to evaluate the relationship between US and China and its impact on markets.
The investment bank formed a US-China "relations barometer" that assesses not only trade risks, but also those linked to technology, capital markets, and geopolitics. Unless US-China tensions significantly deteriorate, there is "still decent risk/reward for Chinese stocks" the note said, leading to an "overweight" call for investment in the region from Goldman.
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