Expert sees rate cut, election spurring interest in US companies

Toh: If you look at the whole world, everyone is trying to cut interest rates. When you cut rates, it will make the US dollar stronger and the US is still the reserve currency.

PETALING JAYA: The imminent Federal Reserve (Fed) interest rate cut and US elections next year are expected so spur global investor interest in American companies despite the global economic uncertainties, a local stock market expert says.

Beyond Insights Sdn Bhd director and chief trainer Kathlyn Toh said investing in US companies listed on the S&P 500 is “still a better choice” regardless of the growing tensions caused by the current trade war.