Joni Teves of the investment bank explains why the strength of gold is “ultimately short-lived” and discusses the factors that are part of its “negative backdrop.”
Despite being right on the heels of a global peak in Covid-19 cases, more governments are beginning to revaluate their pandemic policies in light of higher vaccination rates and more treatment options, reports CNBC’s Monica Pitrelli.
Komal Sri-Kumar of Sri-Kumar Global Strategies says if the U.S. Federal Reserve doesn’t raise interest rates in March and inflation picks up, the market is “no longer going to believe [it].”
Benjamin Cowling of the The University of Hong Kong says the severity of omicron seems about the same as that of delta for those who are unvaccinated or who haven’t been infected.
Calvin Lo of ultra high net worth insurance broker R.E. Lee International says the industry is looking at how to incorporate crypto and NFTs into polices, but he is personally not investing in the sector.
Carlos Dominguez, finance secretary of the Philippines, says the country has a “long history” of economic continuity through different administrations, and is a “good place” for foreign investors.
Bobby Lee of Ballet says bitcoin is currently in a bull market, though its price could see a substantial decline in the “winter” following its peak. https://cnb.cx/2NIENO7