Tuesday, January 11, 2011

Reconfirm: Go Overweight on Cash

We strongly recommend going to overweight position on cash, net short U.S. Equities and exiting all fixed income and commodity positions.

Capital preservation is the priority at this point in time. This follows our prior guidance to start moving in this direction for the past few months.

We won't repeat the numbers, they speak for themselves and are not attractive.

No comments:

Post a Comment