Beware 2021 leading researcher says

Berezin was in New Zealand recently to present to fund managers and others investment specialists. Currently he was bullish on markets and his research suggested global growth. which had been falling bottomed out earlier this year and was now starting to pick up.

The trade wars between the United States and China was a major risk and are likely to escalate before they settle down. Berezin says that both countries "want a deal" and he thought the reaction from the markets to what was going on had been a little "complacent."

He says the trade wars are more important to Wall Street than China and if they do "blow up" then stocks will go down.

However, his base case remains some sort of resolution will occur. It may not be the best but it will settle the markets down.