Maintain bearish bias towards equities: Citi Global
Published on Mon, Aug 30, 2010 at 08:00 | Source : Moneycontrol.com
Updated at Mon, Aug 30, 2010 at 08:45
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Maintain bearish bias towards equities: Citi Global
On the back of heightening risk aversion across financial markets, equities continue to sell-off. We maintain our bearish bias towards equities, says Jeremy Hale, Citi Global Macro Strategy.
Here is expert equity call for the day on how the markets are expected to trade:
Jeremy Hale, Citi Global Macro Strategy said, "On the back of heightening risk aversion across financial markets, equities continue to sell-off. We maintain our bearish bias towards equities. Although EMs have decoupled over the last 3 months, they look increasingly vulnerable to corrections."