Market Tips: Bet on Commodities Long Term
Global stocks were up Thursday, ahead of the long Easter weekend, with banks and commodities leading the gains. Experts tell CNBC that while caution should reign when investing in banking stocks, commodities have potential over the long term.
Commodities Are a Flight to Quality
Commodities are a flight to quality, says Todd Everts, CEO at Wall Street Global. He tells CNBC why this is a smart bet over the long term.
Rise in Oil Prices "Not That Big a Deal"
The rise in oil prices is just a late winter rally, which is not that big a deal, says John Vautrain, director & VP at Purvin & Gertz.
Gold Remains Safe Haven Within Uncertainty
As long as uncertainty persists in markets, gold will still be perceived as a safe haven, says Ron Cameron, senior analyst at Ord Minnett.
Expect Some Profit-Taking Pressure
Expect some profit taking in the markets over the next few days, says Willem Nabarro, head of European equities for Asia at Exane-BNP Paribas.
Risk Aversion Returning to Markets
Risk aversion is returning to the markets, notes Thomas Harr, senior FX strategist at Standard Chartered. He tells CNBC that this will be bullish for the dollar and the yen. He also gives his take on how the other majors will fare.
Bear Market Rally Running Out of Steam
The current market rally will be short-lived as Aaron Smith, MD at Superfund Financial believes we are going to go through an "absolutely catastrophic" earnings season.
Edging Into Asian Banks
Although the valuations of Asian financials look attractive to Gabriel Yap, senior dealing director at DMG & Partners Securities, he still advocates a slight refrain from the banks.
Not All is As It Seems in China
Although the Chinese markets have rallied recently, EPS consensus estimates have continued to come down, notes Michael Kurtz, head of China research & China strategist at Macquarie Research.