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Latest Stock Buy or Sell?

Today, Larry Berman CFA, CMT, CTA commented about whether ZCH-T, HNU-T, PAVE-N, ZWU-T, CVD-T, ZAUT-T, ZINN-T are stocks to buy or sell.

DON'T BUY
The challenge is that they have an embedded link to the equity market. In that perspective, it becomes a hedge against inflation. If inflation is going up, which increases the interest rate, and the multiple of stocks will be affected. In this case, they will underperformance significantly. In this environment, he doesn't think this will work out.
E.T.F.'s
BUY
Caller asked for an infrastructure ETF. Gives you exposure to aspects of infrastructures like pipelines, utilities, and telcos. Aspects of infrastructures are there. Lots of different ways to look at infrastructure. PAVE gives you access to roads and infrastructure.
E.T.F.'s
BUY
Caller asked for an infrastructure ETF. Gives you exposure to aspects of infrastructures like pipelines, utilities, and telcos. Aspects of infrastructures are there. Lots of different ways to look at infrastructure. PAVE gives you access to roads and infrastructure.
0
DON'T BUY
Over long periods of gas, there will be a natural decay in net asset value. Short term trading could pay off. Buy high and sell low. Natural gases are doing well right now, but he would prefer to play it through ETFs and equity exposure. Natural gas is a relative winner in the next few years. There has been significant under investments.
E.T.F.'s
BUY on WEAKNESS
China is the second largest economy in the world and will be first in the future. With the tilt towards equalization and communist philosophy. China has some growth challenges with bad demographics that is aging and shrinking. 1.4B people is still a huge number. Be mindful on trimming in rallies. 2-4% would be okay with up to 5% with the next few years. Focus on the China A shares, not the Hong Kong shares.
E.T.F.'s
COMMENT
Market outlook. There are signs of stagflation. Globally, inflation pressure is rising. There is a persistent uptick in inflation expectation and retail sales are wavering. The US economy may be in recession. The fiscal cliff with support being cut off could lead to spending stopping.
Unknown
COMMENT
Stimulus. If this fiscal cliff comes, unless there is a robust economy next year, control of congress will move. The progressive policies of Biden's administration will not go through. They are pushing through spending bills. There are some political fallouts from the reconciliation process.
Unknown