|
COPYRIGHT 2006 Voxant, Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
ROSS WESTGATE, CNBC ANCHOR: Now as volatility continues to stalk the world`s financial markets, our next guest says he remains bullish on equities, as valuations are attractive and the trends are just about intact. Here to tell us more, Michael Fraikin, fund manager at Invesco Asset Management.
Michael, when you looked at trade half an hour in this morning, you were probably clinging to the trend with your fingernails, weren`t you? Things have changed around a little bit. Why is this trend still intact?
MICHAEL FRAIKIN, FUND MANAGER, INVESCO ASSET MANAGEMENT: Well, basically what we are looking at is moving averages, its one-year moving average for major markets, and that is pretty much intact, basically, everywhere. The closest to breaking, if you want, is the U.S., where we are just hanging in. But, you are quite right, there isn`t very much that is keeping us from...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
