Stocks could fall 10% if trade talks go south, warns Nordea strategist
May 29, 2019 at 07:29 AM EDT
Our call of the day, from Sebastien Galy, Nordea Asset Management’s senior macro strategist, warns that investors are not prepared for the risk that trade talks go south ahead of a June G20 meeting. His advice: get defensive, but be ready to buy on those dips.