Two great minds have two opposite views. Who is going to be right?
M. El-Erian is seriously concerned about the outlook of risk assets and suggests a more conservative strategy at this stage of the game. His articles on the Pimco website, the FT, and interviews on CNBC make his point.
On the other hand, the veteran and confident Byron Wien, looks for the S&P 500 to move higher propelled by liquidity and an economy that is likely to be quite strong.
Who is going to be right?
To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
George Dagnino, PhD
Editor, since 1977
No comments:
Post a Comment