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Get Ready for Another Down-Leg in Stocks, Says Puru Saxena
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Financial Sense speaks with notable Hong Kong investor and strategist Puru Saxena who warns of another downside move in the market over the coming days and weeks. Puru also says that he went 100% cash last year but despite his belief for a further correction in the major market indices from current levels has now redeployed capital into high growth names that have already seen 50-80% declines. Puru discusses these companies and areas he believes are close to their bottoms, and what he expects for the markets, inflation, and elsewhere for this year. Note: This interview originally aired February 10, 2022.