Morgan Asset Management: Optimistic about dollar assets over gold, recommends an aggressive stock-bond ratio of 7:3

Morgan Asset Management's Chief Market Strategist for the Asia-Pacific region, Xu Changtai, stated that due to the strong dollar policy in the United States, dollar assets are expected to outperform gold, and he recommends a stock-bond ratio of up to 7:3. Although Trump's policies may stimulate inflation, Xu still predicts that the Federal Reserve will cut interest rates by 25 basis points this month, with a potential reduction of 1% next year. He holds a bearish outlook on the Hong Kong stock market's performance by the end of the year, believing that investors will remain cautious before Trump's return