Tai Hui, MD, Chief Market Strategist - Asia, JP Morgan AMC is positive on European and Japanese equities in the developed market and on India and selective sectors in China among emerging markets.
Tai Hui, MD and chief market strategist for Asia at JPMorgan AMC, says China still has room for monetary easing and interest rate cut. Over a tactical short-term, China looks better positioned, he adds.
The US fiscal cliff has worried global markets for quite some time and Tai Hui of JP Morgan Asset Management feels there may be some pressure on the market further to the debt ceiling issue.