CHRISTOPHER WOOD CLSA PDF
Indian equity market’s resilience may be a signal that a new investment cycle is nearer at hand than the consensus thinks, said Christopher. Markets are now driven by politics instead of central banks, according to Christopher Wood, an equity strategist at investment group CLSA. ABOUT Christopher Wood. Christopher worked at ABN Amro Asia and Deutsche Morgan Grenfell before joining CLSA in as global strategist for Emerging.
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But the key issue right now is not the equity funds, it is the bond funds given what happened on the NBFCs. A stable coalition can lift Nifty past 12,; may fall to 10, if weak: This will alert our clss to take action Name Reason for reporting: That to me is a pleasant surprise.
The delivery of affordable homes is a long-term growth story which is very positive for those companies exposed to it. I am still overweight India. To see your saved stories, click on link hightlighted in bold. I did not know that was going to happen but I am retaining my double overweight. I reduced it to double overweight. Foul language Slanderous Inciting hatred against a certain community Others. It is a positive because foreigners have been selling and that is just playing good news because it makes the stock market much more resilient.
You have always been a long-term believer in India. My Saved Articles Sign in Sign up. Technicals Technical Chart Visualize Screener.
Christopher Wood (financial analyst)
So in the two-month view, it is all about the trade war but if I am right, we get some kind of trade deal between US and China, there will be a counter-trend relief rally.
I definitely think that but there is a technical issue which we cannot ignore and that technical issue is that the legitimacy of credit ratings has been badly damaged if not destroyed which would mean that the market is now going to pay more attention to the parentage of these companies because they do not trust the credit ratings and there is a regulatory issue of what the regulators are going to do to address this area, because clearly this is not an area the regulator warned about before the problem happened.
Kamlesh Rao, Kotak Securities. Will be displayed Will not be displayed Will be displayed. Technicals Technical Chart Visualize Screener. My Saved Articles Sign in Sign up. CLSA maintains its double overweight stance on India.
My hope is that the worst has been seen in this area. This will alert our moderators to take action.
Clearly, growth is going to slow in that area as a chirstopher of the shock waves from the triple A credit defaulting. The affordable housing programme is kicking in on the ground.
Your Reason has been Reported to the admin. Will be displayed Will not be displayed Will be displayed. I am telling investors to own quality property stocks that will benefit from the healthy consolidation of the residential property sector which will be the consequence of the double shock of demonetisation and RERA.
Are we in for tough days, better days or flat days for equity markets? I would not put it stronger than. How would you map the risk-reward ratio for equity as an asset class? One should be buying the fear rather than getting scared from the fall? But when we met in April, you had reduced your overweight position in India.
RBI interest rate cut surprising: Christopher Wood of CLSA
It also should be positive for the government in terms of them getting re-elected. The pleasant surprise this year has been the equity inflows have been maintained to a greater degree than most of us were expecting. You have always been very positive about Indian HFCs. A non-BJP government in not woox Drag according to your convenience. NIFTY 50 10, 2.
RBI interest rate cut surprising: Christopher Wood of CLSA – Livemint
Never dlsa a great news story! Asia is the market that has been hit most by the so called US-China christopheer war. Drag according to your convenience. There is a looming fear of trade war. Pledged share issue in India not as grave as China: I am increasingly confident that capex has started to pick up: CLSA retains cautious view on Indian equities.
Wood said Indian market has been resilient as the country is primarily a domestic-driven economy, which has much less exposure to trade concerns driven by US President Donald Trump. The problem chrustopher macroeconomic stand point is that all the top-down data in India has been heavily distorted by the two events of demonetisation and second structural reforms in case of GST implementation. Find this comment offensive?
That has made it harder to read the data series. Wood said Indian market has been resilient as the country is primarily a domestic-driven economy. I think it is too late to reduce positions in India but based on my base case that the Modi government gets re-elected next year but with a reduced majority and that we get evidence of a capex cycle, I would be christophee to raise my weightings early next year.
In my view, the residential property markets are still in an early stage of recovery after an extended downturn. Chirstopher is all the more impressive given that the rupee is down 9.