When market participants are looking for regions to allocate their capital, there is really a limited selection left on the table to choose from given all the macro complexities happening around the world right now:
"Southeast Asian stocks also stand out as a haven of sorts with expensive U.S. shares hit by rising rates, European ones under pressure from the impact of Russia’s invasion of Ukraine, and Chinese equities pricing in a growth slowdown thanks to Beijing’s unwavering Covid-Zero strategy."
Some key themes mentioned in the article: travel & tourism -> post-covid spending rebound, commodity -> inflation hedge, and financials -> rising rates.
LinkedIn post: https://bit.ly/3lH3HLa