have been rather weak even if the raw materials are going to the construction of infrastructure and property.He said tensions between the U.S. and China are "worrisome" with President Donald Trump seeming to use Secretary of State Mike Pompeo as atoward Beijing as the president falls behind in the polls. But, investors will likely shrug this off, Collier said.
"It is quite true that Trump is a bit of a paper tiger at this point … A lot of what he does is more flash than actual changes and it doesn't look like they are going to rewrite the script on the U.S.-China trade relation, so there probably is going to be more noise than it is actual reality," said Collier.Collier said he would keep his eyes on actual supply and demand.
Should there be less demand than supply for such commodities, what could happen in the rest of 2020 is that demand for commodities will drop off. But there is also an upside if the retail sector continues to do better than the rest of the world, he said. "There is likely to be some downside risk in the second half, but on the other hand, China is doing better than the rest of the world in terms of Covid," said Collier.
Their household consumption is very low as a ratio of their GDP..
should be read
I’m out 2 jobs I clean buildings everyday at both jobs and I barely make ends for myself much less for my sister if anyone who can help with even anything $1 we would appreciate it so much this Virus really has me worried thanks & stay safe. Venmo or Cashapp MattMartins147
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