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Endowus: Stocks may continue to do better than people expect
05 July 2023
Samuel Rhee, Chairman and CIO at Endowus went on Bloomberg Markets Asia to discuss the impact of recent global market movements. He highlighted that market growth is stronger than expected and inflation has come off despite the Fed rate hikes, the Ukraine war, and bankruptcies of US banks. While emerging markets were hit hard by a stronger US dollar, the public market is performing better as the stock market supply has been increasing. However, as demand for Alts grows and companies choose to remain private longer, private markets continue to generate greater potential and broadened opportunities.
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