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Investors should question buying U.S. stocks right now, strategist says
https://www.cnbc.com/2020/05/20/inve...gist-says.htmlInvestors should think carefully about whether buying U.S. equities is the right thing to do in the current environment, a strategist has warned.
Speaking to CNBC’s “Squawk Box Europe” on Wednesday, Peter Toogood, CIO of financial services business The Embark Group, noted that many fund managers were not excited about the possibilities in U.S. stocks, despite markets showing some signs of recovery from drastic declines in March.
“The U.S., the big daddy, has been expensive and remains expensive,” he said.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
The Warren began opening what is now a new $100 million dollar position in LSXMA the day after CNBC aired that segment.
https://www.tsptalk.com/mb/business-...tml#post640099
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