Money Life With Chuck Jaffe Daily Podcast

Investec's Michael Power: Trade, tariff wars could be a China buying opp.

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Synopsis

Michael Power, strategist at Investec, said that China is changing from a production-based economy and market to one that is driven by the consumer, and he said the growing consumer class there will drive economic growth worldwide for the future. In the short run, however, Power is expecting a 'rollicking' market in the first half of 2019. Also on the show, Charles Rotblut of AAII Journal has his final 'Stock of the Week' pick for 2018, and Jason Browne of the FundX Investment Group has the Market Call.