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Last Updated : Nov 15, 2016 02:28 PM IST | Source: CNBC-TV18

Mkts to be volatile till clarity emerges on US policy: Manulife

Speaking to CNBC-TV18 Geoff Lewis of Manulife Asset Management said that Donald Trump has been a game-change in the sense there is a movement away from a scenario of low margin growth and low interest rates.


Speaking to CNBC-TV18 Geoff Lewis of Manulife Asset Management said that Donald Trump has been a game-changer in the sense that there is a movement away from a scenario of low margin growth and low interest rates. There could be some more damage to come in the short term, he said.


He was positive that US we will see stronger growth which will be is good for world trade and for EMs.


Regarding selloffs in India, he said the sub continent has moved in line with the emerging market universe over the past week. The rupee has been firmer than other EM currencies, he said, adding that initial phase of selloff is behind us. He warned that markets will remain volatile till clarity emerges on US policy.

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First Published on Nov 15, 2016 08:28 am
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