We are delighted to introduce the first monthly comment by Sparinvest’s new chief strategist David Bakkegaard Karsbøl. On a monthly basis, he will offer Sparinvest’s view on movements in the global economy and political developments that may impact financial markets.
“We are nearing the end of one of the strongest years in the market in recent times. Stock markets, in particular, have served investors well, and we finally see the market breaking higher from the range from 2000 to 2007. Even though many of the biggest stocks, especially US large caps, look expensive, we still see interesting opportunities – particularly in industrial stocks. Similarly, the decline in emerging-market assets over the summer left a lot of good investments in those countries that were most affected by it…”
Read the full monthly comment.