Will Investors Start Chasing Growth?

Author: Frank Holmes
Date Posted: October 9, 2014 Read time: 2 min

Amid the market selloff this week, CNBC Asia’s Bernie Lo welcomes Frank Holmes on Squawk Box to discuss the moves. Frank says right now we are seeing a kind of contagion take place in Europe that is resonating throughout the rest of the world. Purchasing managers’ index (PMI) data and industrial production numbers are slowing down, and Frank specifically notes the moves taking place in France and Germany.

Despite the contagion, Frank sees positive signs. He says America is holding up the rest of the world right now with cheap fuel and its capacity to build out the chemical and refining industries. With so many problems out of Europe though, Bernie asks Frank if he sees a fundamental shift coming. Will investors start chasing growth and buying into the east Asia- emerging markets story again?


Watch the entire interview to find out what Frank thinks.  


Don’t wait until Frank is on TV to get his thoughts on the market. Subscribe to the Frank Talk blog today!


Past performance does not guarantee future results. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.

The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.

Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.

There is no guarantee that the issuers of any securities will declare dividends in the future or that, if declared, will remain at current levels or increase over time. Note that stocks and Treasury bonds differ in investment objectives, costs and expenses, liquidity, safety, guarantees or insurance, fluctuation of principal or return, and tax features. A fund’s yield may differ from the average yield of dividend-paying stocks held by the fund.