Governments around the world are pulling out all the stops to counter the global downturn. From cutting interest rates to revving spending in efforts to boost their domestic economies, these measures do have bearings on an individual's investment decisions.
For one, Joseph Poon, head of Macquarie Private Wealth, is advocating his clients to go very short-term in fixed income and avoid longer-term bonds.
"With so much money that is being pumped into system, at some point in time, inflation will rear its ugly head somewhere down the road. Interest rates are far too low, yield curve is still very flat. So if you’re buying longer-term fixed income, you may suffer mark-to-market losses when interest starts rising, " Poon says on CNBC Asia Pacific's "Protect Your Wealth" segment.