market views

Views collected from the MoneyWeek magazine:

John Stepek advises there core holdings for the long term - gold, blue chips with dividend yields and cash.

Dominic Frisby  believes we’re now in a bear market and that rallies should be sold. This is based on the Death Cross signal on the SP500 and FTSE charts - both moving averages sloping down as the 50 dma crossed the 200 dma. Since 1996, this has only happened twice- in late 2000 and early 2008. Both were times to get out of the stock market.

Simon Caufield sees a temporary recovery of the economy this year before recession hits in 2012. He advises holding free cash in your portfolio and prepare to catch once-in-a-generation opportunities next year.