Barclays Wealth's flashpoints for the week ahead

Summary - Many private investors' patience with risk assets may be wearing thin - If so, cash would be our favoured "safe haven" - But we think it would be a mistake to give up on balanced long-term investing now - The objective news this last week has not been as grim as feared Equities - We retain our cyclical bias in sector strategy - Within the energy sector we look to benefit from increased capital expenditure - Consumer discretionary names should benefit from growing consumer spending - IT companies are attractively valued and should benefit from longer term trends ...