Stocks seen outperforming fixed-income investments

“It’s not the timing of the investment. It is the time in investment that is very very important,” he said.

“More importantly, among equities, we want to be exposed outside. The race to vaccination means there will be countries outside that may actually be recovering faster than we could, so their GDP will rise faster than ours. Money or interest will shift to those countries,” he said. “So with just a little bit of foreign money coming in, the market could go up. We don’t know when and that’s the issue that we have here. We just need to buy when the markets are cheap,” he said.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shares rise as cyclical stocks provide support; yields climbA battle continues between tech-led growth stocks and cyclicals, companies that are heavily affected by economic conditions.
Source: rapplerdotcom - 🏆 4. / 86 Read more »