Business & Finance
Jefferies’ Wood Sticks With ‘Picks and Shovels’ Trade
Key Points
Chris Wood, Global Head of Equity Strategy at Jefferies, says he continues to favor the “picks and shovels” trade as long as capital spending holds up. He also says China's domestic market gives it an edge in the AI cycle. He speaks on the sidelines of the KBFG Korea Conference in Seoul.
Chris Wood, Global Head of Equity Strategy at Jefferies, says he continues to favor the “picks and shovels” trade as long as capital spending holds up. He also says China's domestic market gives it an edge in the AI cycle. He speaks on the sidelines of the KBFG Korea Conference in Seoul. (Source: Bloomberg)