A bear who sees a bright side, too
Posted on the last day of December from the The Boston Globe, an article from Beth Healy – A bear who sees the bright side gives some out of character predictions from GMO’s Ben Inker, who works alongside “notorious pessimist” Jeremy Grantham. Inker gives his semi-bullish predictions (still mostly bearish though) on equities for 2012, despite the dread from many investors.
Inker mentions that there is still money to be made in equities, and that investors don’t have to wait for prices to go freakishly cheap before buying. Bonds is although tempting, is only going to block an investor from some good returns that can be made. We just need to look in the right places.
What does 2012 hold besides the Mayan end of the world?
Come check out what Australia superfunds are thinking at the Asset Allocation Summit 2012 Australasia happening on February 20th – 22nd.