‘Hedge your bets’ in CFD trading
July 21st, 2010Investors are currently showing caution due to the state of the markets, it has been suggested.
The Daily Telegraph noted that a growing number of people are opting for risk-averse funds that claim to offer flexibility, which may prove ideal as CFD trading remains hard to predict.
Although stock markets are always unpredictable, they are proving particularly challenging to call due to the ongoing economic turbulence, it stated.
Ian Spreadbury, Fidelity’s strategic bond manager, suggested in his 20 years as a fund manager he has never had to work in such uncertain times.
He said: "It isn’t clear whether we are heading into recovery or back into recession, whether this will herald an inflationary period or a prolonged deflationary one."
The future of interest rates is another factor to consider, he added.
Dan Hallett, director of asset management for HighView Financial Group, recently told the Windsor Star it is worth people holding gold as part of a diversified CFD spread.
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