In his ranking of 40 markets for their strength, Robin Griffiths from Cazenove Capital told CNBC Monday “the Nikkei remains resolutely in 40th position as actually the one to avoid relative to the others.” The falling highs and lows in the Nikkei 225 “basically, technically says ‘avoid’”, he said, adding that India, China, and Brazil are the best investments.
“The tone for the US market, which will set the tone for the world equity markets, really remains quite positive,” Jim McCaughan, CEO of Principal Global Investors, told CNBC Monday. Overall there is “good value” in the market, he said, adding that he would be weary of investing in commodities.
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Current DateTime: 01:42:48 23 Nov 2009 LinksList Documentid: 27756027