Chuk Wong's global hunting grounds

China's prospects seem bright, while Europe's mid-caps are a "stock picker's paradise." As for the U.S., caution is the watchword.

Sonita Horvitch 25 June, 2009 | 6:00PM
Facebook Twitter LinkedIn

Chuk Wong, vice-president and global equity manager at Toronto-based Goodman & Co. Investment Counsel Ltd., is bullish on China.

"The Chinese economy is doing much better than expected, despite the global recession," he says. "Over the last three months, pundits have been increasing their growth forecasts." Their current consensus expectation is GDP growth of 8% in 2009.

By contrast, the outlook for global economic growth has dimmed, he says, with the World Bank downgrading its estimate to a negative 2.9% for 2009, from its previous negative 1.7% forecast.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free
Facebook Twitter LinkedIn

About Author

Sonita Horvitch

Sonita Horvitch  

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy