Published on Tue, Nov 10, 2009 at 09:04 | Source : CNBC-TV18
Updated at Tue, Nov 10, 2009 at 09:06
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Expect equities to continue rally: Newedge Group
Kirby Daley of Newedge Group expects equities to continue rallying but not on fundamentals and policy makers are creating another bubble. Eventually equities will have to adjust to the economic reality.
Here is expert equity call for the day on how the markets are expected to trade:
Kirby Daley, Newedge Group: I expect equities to continue rallying but not on fundamentals and policy makers are creating another bubble. Eventually equities will have to adjust to the economic reality. As long as risk appetite remains strong, the dollar will remain under pressure.