The re-emergence of the US-China trade spat has come as a major blow to the global financial markets that were already reeling from the impact of the Covid-19 pandemic. Thailand-based DAN FINEMAN, co-head of equity strategy for Asia-Pacific at Credit Suisse, tells Puneet Wadhwa he is underweight on India, which entered this crisis with weaker economic momentum than its Asian peers, but has been hit harder by the virus than others in the region. Edited excerpts:
Is the market recovery from their March lows sustainable?
From a six-12 month view, the markets can rise above the current levels on easing lockdowns and