Global stocks were mostly higher Friday ahead of the U.S. jobs report for October. But experts told CNBC they are skeptical of the current stock rally and see a bubble forming in all asset classes.
Skeptical About Current Equity Rally
Hans Goetti, CIO at LGT Bank in Liechtenstein, Singapore, remains skeptical about the current equity rally. Goetti also reveals how he is changing his investment strategy in light of this.
Bubble Forming Across All Asset Classes
There is a bubble forming now across all asset classes, warns Andrew Smithers, founder of Smithers & Co.
2010 A More Difficult Year
William De Vijlder, global chief investment officer of Fortis Investments says 2010 will be a more difficult year as the second-phase of the economic recovery remains uncertain.
Emerging Market Debt
William De Vijlder, global chief investment officer of Fortis Investments likes emerging market debt in the fixed-income space.
Oil & Gold to Rise Further
Prices of oil, gold and other resources are set to go higher, says Damon Vickers, chief investment officer of Nine Points Capital Partners.
Dollar Will Be Utterly Destroyed
The impact of the huge wage disparity between the U.S. and emerging economies may "utterly destroy the dollar", says Damon Vickers, chief investment officer of Nine.
Cautious on Aussie Dollar
Vassili Serebriakov, currency strategist at Wells Fargo tells CNBC that he is wary of the Australian dollar because of its current valuations.