V-shaped occurrences, which are used to describe a sharp decline in the market and a fast and strong rebound, may take place more often in the next three to four years under the current Trump administration, Hou adds.
DBS’s chief investment officer (CIO), Hou Wey Fook, is recommending investors stay the course amid heightened volatility in the markets over the past 12 months.
The Nasdaq experienced a “steep correction” only to see the index recover from its prior losses and push on to new highs, Hou pointed out at a media briefing on July 7.
