- Abu Dhabi Will Aid Debt-Fraught Dubai 'Case by Case'
- Banks With The Biggest Exposure to The UAE
- Dubai's Debt Woes Signal New Era for Creditors
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
- Tiger Woods Out of Hospital After Accident
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
MOST SHARED
Treasurys and other government bonds will prosper if the inflation threat stays at bay a little longer, and a slight fall in the Russian market would help the global economy, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
"It's all about the battle between equities and bonds," Griffiths said.
At the March stocks low, the yield on Treasurys was "so little, they were wholly unattractive," Griffiths told CNBC. Yet as the yield rallied, and bond prices fell, people grew concerned about inflation, he added.
The fact that recent sales of US and UK government bonds went well is encouraging, according to Griffiths.
If investors are of the mind that the threat of inflation is only a concern further down the line, then with unemployment levels so high, Gilts and Treasurys "look like pretty risk-free places to go," he said.
"We are going to pull back towards, or at least half-way back down, the recent yield rise," he added.
Russian Retracement May Help Economy
"It's pretty important which direction the price of oil and gas goes right now. I actually think that it's going to correct downwards, bringing the Russian index off a little bit with it," Griffiths told CNBC.
"The temporary problem for the Russian market — it might go half retracement of that earlier rise — is actually going to help our overall global scenario," he added.
Sterling to Enjoy Summer Rise, then Autumn Fall
"There is a bit more upward momentum to it," Griffiths said of the sterling-dollar cross. "In the short run, it could easily make $1.70."
"In mid-summer the cable rate can still go up," he said, adding the period for it dropping back would be during October.
"Then it would be jolly vulnerable later in the year to come back into the trading range (between $1.40 and $1.60) again," Griffiths said.
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?











