'Brace yourself for a choppy ride': A Wall Street investment chief overseeing $237 billion warns of a 'panicky' market — and lays out 4 ways traders can stay safe

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Deepak Puri, Deutsche Bank's Americas CIO, says the market is set to grow more volatile, and he has four strategies that can protect investors.

often front and center — Puri says investors might feel like they have to take bigger risks. That's a potentially damaging development considering the market is growing more erratic and unpredictable.

Puri says he's still optimistic about US stocks, especially compared to European and Japanese equities. But he stresses that investors shouldn't chase the market. He's presenting four strategies investors can use. Many of them involve giving up some potential rewards in order to eliminate what he describes as an outsize risk. Get real with real assets

"We are looking at a lot of geopolitically induced ," he said."The trade wars, the Brexit, the elections, and so forth. So in those instances gold seems to be a good way to hedge."cash topped every other asset class last year "What a money market fund or a cash alternative is paying is reasonable enough that it makes sense as a part of your asset allocation," he said.have sunk since late last year, but Puri is recommending Treasurys. Those bonds are considered some of the safest investments in the world, and they are still providing much higher yields than bonds from other developed economies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Where is the concern for the average working people?

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Delta's first-quarter earnings, revenue beat Wall Street expectationsInvestors were expecting a strong quarter from Delta, especially after it raised its earnings and revenue guidance last week.
Source: CNBC - 🏆 12. / 72 Read more »