«In our experience, geopolitical shocks tend to provide a buying opportunity, unless there is:
an underlying economic slowdown... clear cut overvaluation; or a monetary tightening,» Andrew Garthwaite, an equity strategist at Credit Suisse, wrote in a note reported by CNBC.
The
slowdown in
economic growth is not indicative of a significant deterioration in the
underlying strength of
economic activity, but a fading inventory boost to GDP growth.