Philip Poole Discusses Which Markets are Cheap

By on July 17, 2013

Philip Poole - HSBCPhilip Poole, head of investment strategy at HSBC Global Asset Management, discussed valuations of bond and stock markets around the world with John Dawson on Bloomberg Television’s “First Up.”

Specifically, Poole said Brazil has moved from overpriced to fair value. He finds investment bargains in China, Russia and the UK, which he considers a cheap play on global growth.

Regarding bonds Poole stated investors would do better in corporate bonds versus government bonds, which are expensive in his opinion.

Poole also commented extensively on the impact of Federal Reserve policy.

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