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Better market clarity later this year; position for China consumption plays, says OCBC's Menon

The Edge Singapore
The Edge Singapore  • 8 min read
Better market clarity later this year; position for China consumption plays, says OCBC's Menon
"I don't think the Fed will be bullied by Trump," says Vasu Menon of OCBC
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With Donald Trump swearing in for his second time as the President of the United States of America, markets ought to brace for a “tricky” first half of the year as investors go through a “period of discovery” while coming to terms with what Trump and Jerome Powell, the chairman of the Federal Reserve, will do.

”But as we go into the second half, we will get better clarity, and then the markets may gather more steam and post better returns — there are no shortcuts,” says Vasu Menon, managing director of global wealth management at OCBC Bank, in an interview with The Edge Singapore.

Following Trump’s electoral victory in November, the markets have experienced both tailwinds and headwinds. For other countries, the biggest worry was whether Trump would impose tougher tariffs on US trading partners.

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