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Market Tips: Hold Back on Shorting Banks

Global stocks rose on Friday on renewed optimism over growth prospects after strong results overnight from IBM and Google. Ahead of Bank of America's earnings, experts told CNBC that investors should hold back on shorting financial stocks.

Don't Short Financials

Do not short banks in the long run, says Jeremy Hook, private client advisor, TMS Capital.

Be Aggressive in Investments

Investors need to be more aggressive if they are underweight equities, says Fabiola Gibson, first vice president, Morgan Stanley Smith Barney.

Fundamentals Don't Add Up With Rally

While discussing the sustainability of the recent rally, Ben Lichtenstein, president of tradersaudio.com, said many exit uncertainties and fundamentals don't add up to the market's activity.

Earnings to Back Market Optimism

U.S. corporate earnings are showing upside activity based on revenue and this reporting season should contribute to markets' optimism, says Ben Lichtenstein, president of tradersaudio.com.

What's Driving Markets?

Sentiment and overseas cash is driving markets at the moment, says Todd Kerslake, investment advisor at RBS Morgans.

Role of Emerging Markets

The role of emerging economies in global consumption is growing quite rapidly and has been for the last six years or so, says PK Basu, managing director & chief economist of Daiwa Securities SMBC.

Emerging Markets Will Recover

Emerging markets usually stage strong recoveries after a crisis, says Allan Conway, head of emerging markets at Schroders.

Create Wealth in Asia

Creating wealth in Asia is more important than anywhere else, says Jean-Pierre Cuoni, chairman at EFG International, speaking to CNBC. He also says investors are getting back into hedge funds.

Hedge Funds Are Still Important

After spending months on the sidelines, hedge funds are beginning to show signs of life. David Gray, Asia head of prime services, UBS, tells CNBC why there is growing interest in equity long/short funds.

Good Time for IPOs in China

It's a good opportunity for Chinese firms to launch IPOS, as the recovery in the economy is being led by emerging markets, says Max Loh, assurance partner of Ernst & Young LLP.

More Momentum Will Drive HSI

The Hang Seng will probably go above the 22,500 level but to go higher, it depends on the momentum set, says Steve Tse, research manager of BEA Union Investment Management Ltd.

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