Gary Shilling’s recent Insight revealed that in the current environment, he likes the following nine investments:
- Treasury bonds
- Selected income-producing securities
- Small luxuries
- Consumer staples and foods
- The U.S. dollar against the euro
- Selected health-care providers and medical office buildings
- Low P/E stocks
- Productivity enhancers
- North American energy producers ex renewables
In the newsletter, he commented:
“We believe that a “risk on” investment climate still prevails, despite the many warning signs related to economic growth and financial markets here and abroad…So we continue our defensive stance towards equities and suggest Treasurys as a safe haven and beneficiary of possible deflation, especially in the eurozone.”
And:
“We’ve deleted our shorts on the Australian and Canadian dollars, which have risen as investors anticipate faster growth in China and increased demand for commodities. For the same reason, we’ve deleted our shorts on commodities, especially copper.”
To read the summary of the newsletter, GARY SHILLING: Here Are My 9 Investment Ideas For The Current Risk-On World, go to the website of Business Insider. The actual newsletter from A. Gary Shilling & Co. can be viewed here.
Similar Posts:
- India – Insight trip (March 2023) (Alquity)
- Structural Change in Emerging Markets: 4 Key Forces to Understand (Wellington Management)
- EY’s Attractiveness Program Africa
- Regulatory Shifts in China: A New Fork in the Road? (The Asset)
- HSBC Gam’s Lievore Says Recent Sell-offs Are Reminders of Emerging Market Risk (FT Adviser)
- When China Sneezes, Latin America Gets the Flu Thanks to Commodities (IPS)
- Alibaba’s Spinoffs: More Clarity, More Complexity (China Tech Shorts)
- Stop Worrying About Emerging Market Current Account Deficits (FE Trustnet)
- Why It’s Not Time to Squeeze the Brakes on Indian Equities (Franklin Templeton)
- Emerging Markets 2018 Economic Outlook (Focus Economics)
- Chinese Stocks: Cheap Long-term Play or Value Trap? (FE Trustnet)
- The World Cup Will Likely Hit Macau Gaming Revenue Growth (Macau Business Daily)
- Restaurant Brands Asia Ltd (NSE: RBA / BOM: 543248): Inflation Pains as Expansion Continues in India and Indonesia
- Why it Could Be a Big Year for Chinese Bank Stocks (The Asset)
- South Africa: Too Soon to Jump for Joy (BNP Paribas)