SINGAPORE (Dec 17): The signs are pointing towards a looming recession, but A J Kahling, senior manager of trader education and market strategy at online brokerage firm TD Ameritrade, believes investors can still find opportunities in the equities market in 2019.
It is not all doom and gloom, he says at The Edge Singapore’s 2018 year-end investment forum on Dec 8. “There is some probability of some kind of expansion in the overall economy [and] in the US economy.”
One of four speakers invited by The Edge Singapore to share their views on how to ride the disruption in the markets, Kahling notes that the US Federal Reserve is predicting only a 15% chance of a recession in 2019, although that is up from a probability of 9% a year ago. And he reckons that as long as the trade war is resolved by next year, a recession can be held at bay, at least over the next couple of months.