“As long as the Fed is going to make money free … it’s hard to find a short,” said blogger and FusionIQ CEO Barry Ritholtz. According to Yahoo Finance - Tech Ticker, he is not as bullish as he was last March when he called the market bottom, but Ritholtz is sticking with stocks. “The easy thing to do now would be to go to cash,” he said, “[But] I rarely find the easy trade is the one that makes you money.”
Ritholtz is now favoring emerging markets that will withstand a weak US economy, including the likes of South Korea, Brazil, Taiwan and Singapore.
Source: Yahoo Finance - Tech Ticker, February 25, 2010.
