Thursday, July 31, 2008

Stay Out of Equities

V. Anantha Nageswaran, MD at Bank Julius Baer says investors should stay completely out of equities. Instead, they should keep a diversified portfolio of cash. He told CNBC's Amanda Drury, Sri Jegarajah & Martin Soong. CNBC
(I wonder whether he knows what he is talking about. Btw, I believe the market has bottomed when people starts to talk like that. Who's Saying Recession?)

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