Wherever you look - China, oil and the U.S., there is no clear evidence of improvement in economic fundamentals. So in the near term, it is hard to expect risk asset prices to gain further after a spate of short-covering. Tatsushi Maeno More Quotes by Tatsushi Maeno More Quotes From Tatsushi Maeno I think a rally in stock prices will run out of steam soon. It's typical buy-on-rumour-sell-on-fact trade on central bank stimulus and will be over by the Fed and the BOJ's meetings, people also seem to think there will be a deal between China and the States soon but you never know when suddenly Trump (does an) about-face. We just saw that in May and August. Tatsushi Maeno company-news There are concerns over 'Brexit' as polls seem to suggest the probability of Britain leaving Europe is rising, you can't buy risks assets under such conditions even if you want to. Tatsushi Maeno business Although oil prices have risen sharply from the trough, many investors are not yet convinced if things have improved that much and I suspect they judged now is a good time to sell, but I do believe that this year the global economy will prove better than last year. Tatsushi Maeno business Wherever you look - China, oil and the U.S., there is no clear evidence of improvement in economic fundamentals, so in the near term, it is hard to expect risk asset prices to gain further. Tatsushi Maeno company-news
