Andrew Popper, chief investment officer at Beauclerc, says "we have had a significant deterioration in investor sentiment in the last few weeks." Popper talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
Investors should buy stocks as actions by central banks around the world help prevent economies from slipping back into a recession, according to SG Hambros Bank Ltd.
Most U.S. stocks retreated, as the Standard & Poor’s 500 Index posted its second straight annual gain, and had its best December since 1991.
European stocks climbed, extending the benchmark Stoxx Europe 600 Index ’s biggest two-day advance in a month, as mining shares rallied in London.
U.K. stocks rose to their highest level since April amid optimism that earnings growth in the third quarter is underpinning a recovery in the global economy.
"When the market has moved up so far so quickly, there's always a concern over valuation."
- Andrew Popper on Aug 05, 2013
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