Reported about 1 year ago
Research Affiliates founder Rob Arnott suggests that instead of focusing on consumer sentiment data, investors should look for areas where the economic consensus may be incorrect to achieve success. Arnott warns of potential economic challenges ahead, indicating that while current conditions may not be ideal for investment, there could be promising opportunities in the future. He advises investors to be cautious in the current market and consider investing in undervalued non-US and non-tech stocks. Arnott also discusses potential risks such as economic shocks, increasing inflation, geopolitical uncertainties, and warns against the dangers of investing in overvalued assets resembling bubble behavior.
Source: YAHOO