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Garnry: Why 2014 is still good for equities
You'd be "quite stupid" to stay out of the equity game in 2014, according to Saxo Bank's Head of Equity Strategy, Peter Garnry. Despite concerns Fed "tapering" will lead to a major correction, Peter says there's still plenty of value to be had.
Peter believes oil stocks could be ones to choose in 2015; of the twenty cheapest stocks in the S&P 500 in 2013, ten of them were from that sector. He also predicts an upswing in car sales around the world so perhaps you should consider the likes of GM and Ford whose share prices appear to him to be under-valued.
02:04 minutes
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