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The technological threat intensifies in the face of the U.S. Presidential Election

UBS AM | Escalating US-China tensions because the November election nears are prone to foster volatility, with measures taken towards Chinese language expertise a focus. The drumbeat of US-China tensions is prone to crescendo within the coming month s, with the connection devolving throughout geopolitical, diplomatic and financial fronts. From a market perspective, Chinese language expertise shares might face important volatility given escalating conflicts between the 2 sides. In the meantime, typical knowledge holds that the dominant market place and earnings energy of US expertise heavyweights are unassailable. Nonetheless, traders shouldn’t lose sight of the massive image. We imagine that any disruption over coming months might present pockets of alternative in Chinese language expertise shares, which take pleasure in supportive underlying traits that embrace a deep, captive home base and a authorities dedicated to the event of expertise champions as effectively as macro