Dow surges after midterm election, but Apriem’s CIO tells The Wall Street Journal uncertainty still looms with U.S. and China trade war

While stock markets jump after the midterm election, analysts are now looking at trade policy between U.S. and China as the next big market wave. Apriem’s Benjamin Lau talks to The Wall Street Journal about the outlook:

Benjamin Lau, chief investment officer of Irvine, Calif.-based Apriem Advisors, is wagering that a resolution to the months long tariff fight between the U.S. and China could reinvigorate global growth. He has been buying stocks in the technology, health-care, industrial and financial sectors.

“Getting rid of that overhang would be a major boost,” he said. “That is the big unknown for a lot of companies right now.”

The full article can be read here.

2018-11-08T23:25:20+00:00November 8th, 2018|Apriem In The News|