In an interview to CNBC-TV18, Shane Oliver of AMP Capital, Dr Waiel Awwad, South Asia Bureau Chief of Syrian Arab News Agency and Richard Harris of Port Shelter Investment Management spoke about the developments in the global and geopolitical space.
Harris who is bearish on US markets on long-term basis said that India does look attractive on a relative basis when compared with other emerging markets (EMs), but the reform process has to pick up which would really boost the sentiment.
Western market rallies, Richard Harris, Chief Executive of Port Shelter Investment Management said, are short-lives usually. The market has already discounted a probable rate hike by the US Federal Reserve.
Speaking to CNBC-TV18 Richard Harris, Chief Executive of Port Shelter Investment Management said that the US Fed has gone so far in not raising rates.
Speaking to CNBC-TV18 Richard Harris, Chief Executive of Port Shelter Investment Management said if Donald Trump comes to power in the US, it will lead to a selloff resulting in a buying opportunity.
Richard Harris, Chief Executive, Port Shelter Investment Management says that among EMs, he likes Indonesia and India. China, he said, is a bit of question mark still as lot of new reforms are needed.
In an interview to CNBC-TV18, Richard Harris, chief executive, Port Shelter Investment Management talks about his reading of global markets in the current environment and discusses where markets are headed in the medium-term.
India is likely to strengthen going forward, says Richard Harris, chief executive, Port Shelter Investment Management. However, he says, the rise is going to be more muted than it was in December and January.
The global markets have been subdued over the last couple of sessions. In an interview to CNBC-TV18, Richard Harris, chief executive at Port Shelter Investment Management says, the markets will continue to be weak.
Richard Harris, Chief Executive, Port Shelter Investment Management, offers his views on the ‘Merkozy’ saga and the shenanigans of the euro. While sounding cautiously optimistic on emerging markets like India, he says the markets are frustrated by the slow pace at which politicians and regulators are trying to defuse the crisis in Europe.