Tuesday July 14, 2020

Get into stocks, says Barclays strategist

Kevin Gardiner, the mild-mannered head of investment strategy for Barclays Wealth, wants investors to get out of the relative safety of bonds and cash and get into stocks.

20th April, 2013
Kevin Gardiner of Barclays: 'People are being a little bit precious.'

Once he named the Celtic Tiger. Now he wants investors to be tigerish.

Kevin Gardiner, the mild-mannered head of investment strategy for Barclays Wealth, wants investors to get out of the relative safety of bonds and cash and get into stocks as the global economic gloom starts to lift.

"Corporate profitability remains resilient and investors ought to be focused on good value," he said on a conference call for clients last Thursday.

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