Robert Kennedy College

Now is a good time to invest in equities: CNBC 24 June


Earnings didn't disappoint and I was glad to be wrong. The rally is just too strong to be stopped at least until the next quarter. As I always said we will see the end of the tunnel when the banking system will find its way out of the crisis. Seen the results of Goldman Sachs, Credit Suisse, Deutsche Bank and recently Barclays - HSBS I am strongly recommending investor to participate on this rally and not to shy away. With bonds and saving accounts at very low levels this is the right time to recuperate part of the losses. Oil, that was at 65 during my participation on CNBC, is already back at over 70 and I maintain that it will be at 80 - or high 70's by year end or in 2010.

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