FYI: When Wall Street sneezes, the rest of the world gets pneumonia, as they say. Asia shared in a wild week for global stocks, with markets dropping more than 5% from Monday’s opening. But it still has a strong fundamental investment case. “Nothing has really changed in Asia over the past few months,” says Ajay Kapur, strategist for Bank of America Merrill Lynch in Hong Kong.
Regards,
Ted
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