Reported about 16 hours ago
The CEO of Norway’s $1.8 trillion sovereign wealth fund, Nicolai Tangen, suggests that investors should sell US technology stocks and private credit, while increasing investments in China, contrasting mainstream market trends. While acknowledging the challenges of contrarian investing, Tangen emphasizes the importance of adapting to market changes and prioritizing long-term strategies. He warns of potential inflationary pressures and the impact of rising long-term debt yields on financial markets.
Source: YAHOO