Independent Strategy

Reasoning Coronavirus

Report Date:  3rd February, 2020

The likely economic and financial market damage caused by the Coronavirus (2019-nCoV) is underestimated. We remain short Thai baht and Aussie dollar as proxies. But we are negative on all Asian EM assets and global equities. It is bad news for commodities. US Treasuries (which we are long) and the US dollar are safe havens. Yen assets are definitely not. We look to accumulate China tech stocks later.

To read the full report - Login or Subscribe

SUBSCRIBE
Author:
< Back|All Reports|< Previous   Next >

Login|How to Subscribe|Browse All Reports|About Independent Strategy

In the Media

Confidence in China isn’t coming back
Confidence in China isn’t coming back
David Roche CNBC Asia Squawkbox 08/11/23
David Roche does not think Iran will enter the mideast war, but he lays out scenarios if the conflict were to expand
David Roche does not think Iran will enter the mideast war, but he lays out scenarios if the conflict were to expand
David Roche CNBC Asia Street Signs 20/10/23
The US could slip into recession next year because the Fed seem determined to keep rates high for too long
The US could slip into recession next year because the Fed seem determined to keep rates high for too long
David Roche CNBC Asia Street Signs 20/10/23
China in the next decade
China in the next decade
David Roche Bloomberg TV 27/09/23

Subscribe to our YouTube Channel