Talking to ET Now, V Srivatsa , EVP & Fund Manager (Equities), UTI MF , says though it is true that spectre of trade war will raise volatility in short to medium term, macro factors and fear of lack of earnings growth are bigger risks in the market.
Edited excerpts:
While we talk a lot about the kind of volatility we are seeing in the markets, there is one more factor that is going to be thrown in the mix in 2018 and that is the spectre of trade war that Trump tantrums has brought in. We just had a news flash earlier that even the EU is now considering tariffs on denim, on different consumer products including even steel for that matter. How do you see this play out in 2018? Do you think this is going to add to the havoc in the markets in 2018?
