By Mohamed Ali Bernat Equity markets will bounce back from their poor performance in 2000 with bond...
By Mohamed Ali Bernat Equity markets will bounce back from their poor performance in 2000 with bonds moving into reverse, according to Peter Harrison, head of global portfolios at Chase Fleming. Harrison said he is on the more optimistic side in terms of equities versus bonds with cashflows moving back into equities as the risk premium and valuations come down. Harrison does not believe there will be a global recession to affect markets but said he expects profit warnings to remain a factor through to the end of the first quarter. After this period of belt-tightening Harrison believes s...
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