A last-minute agreement on the US debt ceiling will be reached, says Jeffrey Morrison of MFS Investment Management, who sees emerging-market rate tightening as a greater concern.
Tag : tightening
Meanwhile, stock-index futures will help boost liquidity and reduce volatility in the Chinese markets, says senior portfolio manager Frank Yao.
Asia ex-Japan stocks are currently valued at 13x forward earnings, with an expected growth rate of close to 20%, says Ray Prasad at Batterymarch.
