'I think what we’ve seen over the last few days is that policy decisions and comments are in fact creating havoc not just in our markets but around the world,' Abby Joseph Cohen
Abby Joseph Cohen, advisory director and senior investment strategist at Goldman Sachs, on Wednesday said that policy decisions are the biggest threat to economy and the market, reflecting on the heightened U.S.-China trade conflict that has roiled equity markets around the globe over the past three sessions.
However, she said volatility has resurfaced in otherwise placid markets on the back of political rhetoric that could have a deleterious effect on investors. A Chinese trade envoy, featuring Vice Premier Liu He, will head to Washington Thursday to resume negotiations, raising the possibility that a full-blown, stock-market rattling trade war, can be averted.
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