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and my next guest says he's all in he's finding returns though in some less obvious places don't cut -- I.
Energy investment and management US chief market strategist lot from Hartford Connecticut OK let's obvious place let's go out where.
Well all and I mean fully allocated between equities.
And fixed income what you want to see I see a bifurcation of the markets.
The equity markets -- at the same one thing right bond markets are saying something else the equity markets are being driven by our good our earnings growth.
Good housing market I support by the Fed and other central banks.
But look at day and a healthy market you've seen you receive bond yields going not in the same direction as some market prices.
But equity prices but it's not nobody else is going down its size has -- a lot.
The growth challenges not only in the US today we get all bad fundamental numbers we had that industrial production we had -- empire state.
We had that not wholesale price increases in -- Europe we had friends has now officially in recession.
Hi -- Spain and Italy are contracting.
Sell the equity markets saying that things are all good.
The bond market based on -- things wrong bat and therefore where the less obvious place if people are looking for that all important -- right now.
Well first of -- I would focus anywhere but the patriarchs.
What I mean by that is anything but the FB 500 in the doubt.
I would go down.
This KI going to mid caps are going to global reads on the bond side I still like high yield I like global bond.
And if you want true diversification.
You can go to what we call the -- countries.
Which is the frontier markets.
Which not only for getting in your -- -- all but that's where US corporations are going -- average.
Talking about Vietnam are we talking that some of those Latin American nations what are these -- less obvious sort of frontier markets.
-- has the third largest copper mine in the world Indonesia recently as 250 million people who recently had its credit rating increase.
-- -- -- Low labor -- Cause -- -- Oman and Turkey I wanna throw up some of the FBI shares names out here because for example there's a copper iShares you're looking.
At this -- where where's the real opportunity when it comes to copper we know what's the big industrial play as -- metals are concerned.
Well right now we we are having a -- of commodity deflation but still -- Peru.
It's a good place for industrial companies from the U asked to go there to help with their copper mining and.
That really the biggest beneficiary of this double digit economic growth in the frontier markets have been US corporations.
And that's what we're seeing the growth conference he's all land but -- -- the S&P 500 took up 500 and -- -- so you're talking -- of some of the mid cap -- Doug it's great to see it thank you so much secular Democrats say ING investment management US chief market strategist says he is all in but in specific areas closing bell.
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