Global stocks rose on Wednesday, with gold hitting another new high above $1,178 an ounce, after the Federal Reserve raised U.S. growth forecasts for 2010. Experts told CNBC liquidity will continue to drive stocks up, but that investors should see dips as short-term buying opportunities.
Liquidity Will Continue to Drive Equity Markets
Liquidity will continue to drive equity markets, believes Benjamin Pedley, MD & head of advisory services at LGT Investment Management.
Buy on Dips in the US
Any kind of pullback in U.S. stocks presents a buying opportunity for the short term, says Dodge Dorland, CIO at Landor Capital Management.
Cautious on US Financials
Dodge Dorland, CIO at Landor Capital Management, is staying clear of U.S. financial from the long side.