“Markets are driven by emotions and investors need to be un-emotional,” he said.Marks said the US Federal Reserve might not raise interest rates in a hurry even though the economy looks strong. I like the country, I like the people and I had a wonderful time here. This country has great resources and has the potential to be a winner. "These things are not easy and every policy is a trade-off which means taking some resources from here and putting them there," Marks said. I think, in my opinion, the world is too uncertain and asset prices are too high to use a pro-risk strategy.

Source: Economic Times March 03, 2017 05:38 UTC