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A risky profit from autos and miners
Market volatility, interest rate unknowns, falling commodities... is this the time to be taking some trading risks? Yes it is, according to one London trader. Michael Jarman from H2O Markets says it's time to get risk back on to your books, albeit cautiously. There are a lot of companies out there with good cash balances, he says.
So what does he recommend? He's anticipating a pick up in the auto sector, despite some headwinds coming from China. He also sees opportunities in the mining sector. Many companies have seen sell offs in the past few months but this is a good opportunity, according to Jarmen, although he says it's not for the faint-hearted
01:16 minutes
Tags: Lea Jakobiak, auto sales, autos, cash, china, commodities, h20, h20markets, interestrates, investment, investments, jarman, markets, michael, michaeljarman, miners, opportunities, risk, saxo, saxo tv, saxobank, saxotv, traders, trading, tradingfloor.com, video, volatility