As Theresa May takes office, barbell investment strategy offers promise
US stocks fluctuated near record highs as British PM Theresa May takes office. Afterwards, RT correspondent Polly Boiko outlines the challenges facing the new prime minister. Then, Boom Bust’s Bianca Facchinei describes how wealthy investors are hoarding cash out of fear of what the US presidential election may bring. And RT Correspondent Marina Portnaya reports on how Venezuela’s oil production has plunged to a 13-year low.
After the break, Ameera David talks to Tim Duy, University of Oregon professor of practice, about how the US economy remains on track. And in the Big Deal, Ameera and Edward Harrison discuss the investment climate in the wake of Brexit, with one big name, Hugh Hendry, saying now is a good time for macro managers.
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