High Exposure to the US 'Doesn't Make Sense': Nomura's Nicholson
Maintaining an overweight exposure to US equities "doesn't make sense," Nomura's Gareth Nicholson tells Bloomberg. Speaking on The China Show, Nicholson advises traders to diversify their assets internationally. He also cautions investors to stay vigilant for potential geopolitical upsets stemming from a lack of progress in the US-China trade impasse. Despite some positive signals, Nicholson warns that markets could unwind rapidly in response to disappointing news.
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