Hans Goetti, CIO of LGT Bank in Liechtenstein says this may not necessarily be the case as investors need to watch what the credit spreads are doing. "If credit spreads are narrowing, that gives us a bit more confidence. If they are not, then it would be a rally to sell into," Goetti said.
Appearing on CNBC Asia Pacific's "Protect Your Wealth" segment, Goetti also warns that governments pouring money to help the financial crisis could create more problems down the road with inflation being one of them.
During these volatile times, Goetti recommends buying gold as an inflation hedge. "You want to have a portion of your holdings in gold…physical gold if possible."
He also says that he is extremely cautious on fixed income because interest rates in times of higher inflation are more likely to go up, than down.
Catch "Protect Your Wealth" on CNBC's Asia Pacific network every Tuesday on "CNBC's Cash Flow," Wednesday on "Asia Squawk Box" and Thursday on "Capital Connection."
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