Taking a decision with your eyes closed! Can it work in investing?
SECTIONS
Last Updated: Mar 02, 2021, 11:54 AM IST
Share
Synopsis
A lot of investors use their intuition to make decisions. For traders, it may be used to separate the relevant signal from a plethora of information they get bombarded with.
Nimesh Chandan, Head – Investments, Equities, Canara Robeco Asset Management
Mr Chandan has close to two decades of experience in the Indian markets, during which he has held various research and fund management assignments. He has previously had stints with Strategic Capital Corp., Birla Sunlife AMC and SBI AMC. His last assignment was with ICICI Prudential Asset Management in the capacity of Senior Portfolio Manager.
From the record lows of Nifty’s 7,500 points to 15,400 points now on the back of high liquidity flows, we are looking forward to a strong economic recovery to take this momentum forward, says Dinesh Thakkar MD and Chairman, Angel Broking.
10-year Treasury yields have risen to their highest levels since before the pandemic in recent days.
James McDonald, CIO at Hercules Investments, told Insider he expects yields to continue rising.
He said they could rise to 2.5% by the end of March and trigger a 20% sell-off in the S&P 500.
Yields on 10-year Treasury notes have spiked to a one-year high over the last month, rising above 1.5% as COVID-19 cases fall and vaccinations continue positive developments for the economic recovery ahead.
According to James McDonald, chief investment officer of the alternative asset manager Hercules Investments, the bleeding isn t likely to stop anytime in the coming weeks.