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Advice from leading global investors as the Omicron threat looms


Ray dalio

: Dalio of Bridgewater Associates told CNBC that despite market volatility, cash is not a safe investment because it will be taxed by inflation. It is important to have a secure and balanced portfolio, he said. Investors can reduce risk without impacting returns, he added. “Even if you were a big market timer, the things that happen can change the world, so it changes what might be valued in the market,” the billionaire investor said.

Advice from leading global investors as the Omicron threat looms Mohamed El-Erian: Calling the markets rally a “stagflationary wind”, Mohamed El-Erian of Allianz SE told CNBC: “Inflation is the greatest threat to investors because it can change the paradigm of liquidity.” He said that with the new variant, markets will have to navigate uncertainty with governments, which could make inflation worse. However, buying opportunities still existed, he added.
Advice from leading global investors as the Omicron threat looms Mark Haefele: The investment director for global wealth management at UBS advised against hasty changes in investment strategy and recommended staying invested. “A period of market volatility after such a strong rally shouldn’t come as a major surprise either. But it does point to the value of diversification across markets and sectors, ”Haefele told CNBC.
Advice from leading global investors as the Omicron threat looms Georges lagarias: The Chief Economist of Mazars in London, said there is enough liquidity in the markets for investors to take advantage and make their money work for them. Global stocks were already up more than 20% year-on-year, Lagarias told CNBC, adding that “even if the event had not happened, it wouldn’t have been the worst time for players in the world. market to withdraw profits from the table “.
Advice from leading global investors as the Omicron threat looms Jean Boivin: BlackRock Investment Institute director urged investors to stay invested even as the rise in COVID-19 cases in Europe and the discovery of the Omicron variant hurt sentiment. “We still favor equities for now, but we would change our position if vaccines or treatments proved futile,” he said in a note.
stock market, stocks, invest

(Edited by : Yashi Gupta)

First publication: STI


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