Smartkarma Webinar | Asian Markets Technical Outlook - An Update

Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p>Our money is on Taiwan. The pandemic is behind, the economy is rebounding faster than anticipated. Underlying fundamentals of the 2019 business cycle upswing resuming. The damage to corporate profitability has been limited compared with regional peers Korean and Japanese companies and the investment upcycle has not be derailed. We expect Taiwan to among this year’s regional growth outperformers. The only downside risk is rising Taiwan-China tensions. But we suspect change is afoot.  </p>

Our money is on Taiwan. The pandemic is behind, the economy is rebounding faster than anticipated. Underlying fundamentals of the 2019 business cycle upswing resuming. The damage to corporate profitability has been limited compared with regional peers Korean and Japanese companies and the investment upcycle has not be derailed. We expect Taiwan to among this year’s regional growth outperformers. The only downside risk is rising Taiwan-China tensions. But we suspect change is afoot.  

MSCI AC Asia Pacific Excluding Japan Index (MXAPJ INDEX)

MSCI AC Asia Pacific Excluding Japan Index

MSCI AC Asia ex Japan Index (MXASJ INDEX)

Taiwan- Destined To Outperform