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Added on the 22/04/2019 10:18:27 - Copyright : Auto Moto EN
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Polish Justice Minister Adam Bodnar welcomes European Commission Vice-President Vera Jourova at the ministry, with a bunch of flowers. IMAGES
Argentina's Vice President Cristina Fernandez de Kirchner receives the country's newly elected vice president, Victoria Villaruel, in congress in Buenos Aires. IMAGES
US Vice President Kamala Harris arrives at the AI Safety Summit in the UK, the first major global conference of its nature, and is greeted by UK Prime Minister Rishi Sunak. The two-day summit at Bletchley Park, north of London, kicked off on 1 November with the publication of an agreement signed by 28 countries and the European Union acknowledging the "need for international action." IMAGES
Indonesian President Joko Widodo holds talks with US Vice President Kamala Harris on the sidelines of the annual Association of Southeast Asian Nations (ASEAN) summit in Jakarta. IMAGES
US Vice President Kamala Harris arrives in Tanzania for a two-day visit as part of a three-nation trip to Africa. Her visit follows a December summit hosted by President Joe Biden in Washington with African leaders to balance the rising influence of China and Russia on the continent. IMAGES