The Global Head of Equity Strategy at Jefferies said Monday that despite his bluster toward Beijing, a victory by former President Donald Trump will create “opportunity” in China, not diminish it.
Speaking to Bloomberg TV, Christopher Wood said he is not as pessimistic as some of his colleagues in the financial world with regards to a second Trump term. Investors are concerned about the former president’s continuous talk of using tariffs to even trade discrepancies and his antagonist rhetoric toward China.
“Bottom line, if Donald Trump’s elected and Chinese stocks collapse, that’s an opportunity to add to China,” Wood said.
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