We’ve headed down to Australia for our call of the day, where James Whelan, investment manager at VFS Group Global Macro Fund warns that ‘buy everything’...
We’re still a day away from the U.S. Fourth of July holiday, but fireworks are already lighting up some markets.
— Holger Zschaepitz July 2, 2019 Among the fans are James Whelan, investment manager at VFS Group Global Macro Fund. Providing our call of the day he says he’s ready to cash in on some of those “buy everything” gains ahead of a big near-term risk. Whelan said he started getting bullish in May on emerging market currencies, gold, and most equities outside of Europe, notably global momentum stocks via the iShares Edge MSCI World Momentum Factor exchange-traded fund IWMO, +1.09% The fund offers a play on equities that have been trending higher, such as Amazon AMZN, +0.63% , Microsoft MSFT, +0.66% and Visa V, +0.77% .
Whelan said investors will know in a few weeks if U.S. earnings are indeed suffering from the trade spat. Even then, and if markets start to sell off, he says he’ll be ready to buy any dips provided two things remain in place. Symantec SYMC, +0.18% shares are rallying on a report semiconductor group Broadcom AVGO, -1.67% is mulling an acquisition of the security software firm.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's Everything Moms Should Look Out For on Prime Day 2019Moms, take advantage of Prime Day 2019. Here are some potential places to stock up.
Read more »
Best of the Bunch: What to Look for When Buying Fresh RadishesBest of the Bunch: What to Look for When Buying Fresh Radishes
Read more »
Love Island's Dani Dyer warns show stars not to look at social media trollsEXCLUSIVE: Dani Dyer says hang out with real pals post-show to avoid being damaged by fame and fake social media trolls
Read more »
The Martha's Vineyard estate that Jackie Kennedy bought for $1 million in 1979 just hit the market for $65 million — here's a look inside the propertyJackie Kennedy purchased the Martha's Vineyard property in 1979 for $1 million. At the time, the only building on the estate was the hunting cabin.
Read more »
Hannah's Windmill Comment To Luke On 'The Bachelorette' Is Absolutely EverythingWe saw more of Luke and Hannah's sex conversation and her comment about a windmill hookup with another contestants is all we want to talk about. We stan.
Read more »
Taylor Swift's beef with Scooter Braun: Everything you need to knowSwift's got a list of names and Braun's is in red. Underlined. Here's a breakdown of the drama involving the pop icon and the man who bought her music.
Read more »