Adrian JohnsonSingapore — Despite a wave of volatility in the global markets, Deutsche Bank Private Bank’s Christian Nolting remains positive on Japan and sees “deep value” in China. However, Nolting warns that market recovery will take time.
Nolting, Chief Investment Officer of Deutsche Bank Private Bank, spoke about his outlook for Japan and China markets in 2024 during an interview on CNBC’s Squawk Box Asia. He noted that Japan is benefiting from multiple factors, including a strong economic rebound and a shift towards higher corporate profits. He also highlighted China as an attractive investment opportunity due to its low valuations and potential for long-term growth.
However, Nolting cautioned that market recovery will not happen overnight. He cited the ongoing market volatility and geopolitical tensions as potential challenges that could slow down the recovery process. He also emphasized the importance of diversifying investment portfolios to mitigate risks and take advantage of potential opportunities.
Overall, Nolting’s positive outlook on Japan and China aligns with the growing sentiment among investors that these markets offer attractive investment prospects. Japan’s economy has been showing signs of recovery, with strong GDP growth and increasing corporate profits. Additionally, China’s economy, despite some headwinds, continues to demonstrate resilience and potential for long-term growth.
As with any investment, it is crucial for investors to conduct thorough research and analysis before making any decisions. The global markets remain volatile, and it is essential for investors to stay informed and adaptable to navigate the uncertainties and take advantage of the opportunities that arise.
Key takeaways:
- Deutsche Bank Private Bank’s Christian Nolting remains positive on Japan and sees “deep value” in China.
- Market recovery will take time due to ongoing volatility and geopolitical tensions.
- Investors should diversify their portfolios to mitigate risks and take advantage of potential opportunities.
