deVere Group bullish on U.S equities

As the US presidential election approaches and global central banks navigate complex economic landscapes, investors are seeking guidance on where to allocate their capital. Nigel Green, CEO of deVere Group, sat down with CNBC Africa to discuss the impact of the US election on financial markets and provide insights into potential investment opportunities. Green highlighted the influence of President Trump's policies on market sentiment, with investors betting on his re-election leading to expansionary measures and tax cuts. Sectors such as energy and finance are set to benefit from Trump's stance on deregulation and import tariffs, while assets like Bitcoin and gold are also gaining favor due to the perceived continuity of pro-crypto policies. With the Federal Reserve signaling potential interest rate cuts and the ECB expected to follow suit, Green suggests diversification and a focus on sectors like energy and finance, while considering the longer-term uncertainties of fiscal policy. When comparing the US and European markets, Green notes the challenges facing Europe post-election, but highlights potential opportunities in a more accommodative monetary policy stance. Emerging markets could also see benefits from lower interest rates and increased liquidity, with a focus on diverse market exposure. Concerns around cash outflows are addressed, with Green advocating for locking in fixed yields and preparing for potential rate cuts in the near future. Overall, Green advises a bullish approach on select equity sectors, a hedge with assets like gold or Bitcoin, and strategic positioning in anticipation of interest rate movements. With a volatile landscape ahead, staying informed and adaptable is key for investors.