- Dollar Trouble, Oil's Bubble Could Derail Recovery
- Why Stronger Chinese Yuan Would Benefit US Investors
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- AIG CEO: I Remain 'Totally Committed' to Firm
- CNN Anchor Lou Dobbs Says He is Leaving Network
- A Day on the USS Harry S. Truman
- How the Droid and Google Threaten the GPS Makers
- Commercial Real Estate Near Disaster: Fund Manager
- This Town Will Pay YOU $10,000 to Buy a House
- What to Expect From Disney Earnings?
- HP's Shot Across Cisco's Bow
- USC Football Blog Leads All-Access Space
- Clowning Around At Work
- Ahead of Earnings Disney Restructures Studio
- Nov. 11: Unusual Volume Leaders
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Intimate Apparel Sales Heating Up: Maidenform CEO
- A Day On The USS Harry S. Truman
MOST SHARED
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- How the Droid and Google Threaten the GPS Makers
- USC Football Blog Leads All-Access Space
- HPQ to Acquire 3Com
- Shopping for Answers
- Credit Is Thawing, But Businesses Still Hesitant to Borrow
- Addicted to Easy Money?
Text Size 
Investors could be forgiven for keeping clear of the markets following one of the most turbulent years in recent history, but the positive factors developing are becoming ever more compelling, John Haynes, strategist from Rensburg Sheppards, told CNBC.
“Amongst all this blizzard of nastiness going on, what one is losing focus on is there an enormous weight of positive impetus also being added to the other end of the scales,” Sheppards said.
Widespread fiscal stimulus from governments all over the world is adding up to a formidable wave of liquidity, according to Sheppards. And dramatic falls in interest rates in the U.S., Europe and elsewhere are adding to the effect, he said.
(Watch the full interview with John Haynes above).
The Federal Reserve slashed the U.S. base rate to practically zero in December and the Bank of England the European Central Bank seem to be close behind in terms of easing monetary policy.
“It’s having real effects on the price that consumers have to pay for credit,” Sheppards said.
Easing inflation and a sharp decline in the price of oil are also improving the economic outlook for the world economy, Sheppards pointed out.
“Those are new positives that weren’t there last year, that are working their way into the system,” he told “Squawk Box Europe.”
Sheppards also highlighted the importance of corporate deleveraging, saying: “this is not a new phenomenon, we’ve been taking risk off the table as fast as we possibly could for well over 12 months.”
Sheppards thinks that ccorporate credit is the best way of playing the current situation. Despite being a “crowded trade,” it has the best risk reward, he said.
For the Investor:
Pros Say: 'Buy & Hold' Just Won't Work
Market Tips: Dollar Faces Big Bear, $1.60 Vs. Euro
Print
Email
- Bernard and Ruth Madoff's personal possessions will be auctioned this weekend. Click ahead to see.
- US real estate prices have fallen dramatically, but some places are still doing well. See the best-performing zip codes this year.
- An Italian cashmere maker aims to make profits while creating ideal conditions for his workers.
- Just in time for the holidays, the Triumph company of Japan offers the latest innovation in women’s undergarments.
- The real result of health care reform will be bloated government and higher deficits, says Larry Kudlow.
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.
Data is a real-time snapshot *Data is delayed at least 15 minutes