Updated Feb 19, 2021 | 09:42 IST
Chris Wood says GREED & fear is taking the inflation scare seriously in the sense that GREED & fear is anticipating the first really justified inflation scare in the American economy. Representational Image
Key Highlights
Chris Wood: First really justified inflation scare in the American economy, on the post-Covid re-opening trade, since the start of the 1980s.
Chris Wood: Asian and emerging market face inflation risk from recent surge in soft commodity prices
Chris Wood: Easily anticipate a US$100-plus oil price if the health fascists ever allow the world to reopen again
Chris Wood of Jefferies in his weekly newsletter has written in-depth about the US bond market sell-off, inflation worries, rising commodity prices and rising oil prices.
Jefferies Chris Wood increases exposure to Indian equities, cuts stake in China and Pakistan
The marquee investor increased the weightage of Indian equities by 150 basis points to 14 percent in his Asia Pacific ex-Japan relative-return portfolio and reduced stake in Chinese and Pakistani equity markets. January 06, 2021 / 12:10 PM IST
Christopher Wood, Global Head of Equity Strategy at Jefferies, has further increased exposure to Indian equities in his ‘GREED and Fear’ portfolio.
The marquee investor increased the weightage of Indian equities by 150 basis points to 14 percent in his Asia Pacific ex-Japan relative-return portfolio and reduced stake in Chinese and Pakistani equity markets.
The move comes on the back of the recent upsurge in Nifty coupled with a consistent decline in COVID-19 cases in the country. In 2020, Nifty logged 15 percent return despite the over 40 percent crash in March. So far in 2021, it has had a perfect start, ending in green in each of the t