HomeNewsBusinessMarketsDespite optimism in mkts, remain cautious: Auerbach Grayson

Despite optimism in mkts, remain cautious: Auerbach Grayson

Richard Ross of Auerbach Grayson said that a lot of optimism is now priced-in into these markets. However, he indicated that we still need to remain cautious to a certain degree.

December 03, 2011 / 12:16 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Richard Ross of Auerbach Grayson said that a lot of optimism is now priced-in into these markets. However, he indicated that we still need to remain cautious to a certain degree.


He further mentioned that the markets seem to have a lot of momentum to the upside, but the concerns that brought them lower a week or month ago still remain out there. The concerns will still remain out there into the New Year, he added.
Ross continues to like dollar and thinks it is a key divergent. Here is the edited transcript of his interview to CNBC-TV18. Also watch the accompanying video. Q: What are your thoughts on the series of meetings that have been held today

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!