With markets around the world dropping like ninepins, investors must be wondering whatever happened ...
With markets around the world dropping like ninepins, investors must be wondering whatever happened to Asian decoupling. The answer could be that Asia has not really decoupled (there is much debate about the global exports and their eventual destinations), but it is more likely that investors are simply cashing in profits where they have them. One cannot argue with the urge to lock in profits, but it is worth examining whether Asia is really the right region to be selling by looking at how companies prepare for a recession. Firstly, they cut any capital expenditure regarded as 'non-essent...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes