Wary of Trump's potential protectionist policies, buy dips: Siva

Sakthi Siva of Credit Suisse says the real Fed Funds rate is -0.8 percent suggesting that monetary policy is still supportive of growth.

While in a lower nominal growth environment, the real Fed Funds rate could be lower before policy turns restrictive, she believes that -0.8 percent currently and -0.5 percent after the third hike is still accommodative.

Siva continues to suggest investors buying dips with MSCI Asia Ex-Japan year-end target of 580 offering about 4 percent potential upside.

While she remains wary of Trump's potential protectionist policies, she again highlights that MSCI Asia Ex-Japan is seeing its best return on equity fundamentals in six years.