Rizzo: “Better not let our guard down”
The last few sessions have brought a pale sun on European exchanges, but the imperative is still caution. “We will see how the U.S. macroeconomic data and investment decisions will follow,” says Paul Rizzo, head of equity management at Credit Agricole Indosuez, “If the U.S. is experiencing a slowdown, then only the smallest of the awards have already visas, but if it is a recession, the Fed would be very aggressive. In general, better to wait for month end and then make investment choices. “
