Negative on global equities: Jim Walker
By Ira Dugal | Published On: February 22, 2013 10:33 (IST) | Duration: 7 min, 31 sec
Equity markets are running ahead of fundamentals, says Jim Walker, founder CEO and managing director of Asianomics. He is negative on global equities and says that uncertainty about continued liquidity support from central banks is making markets nervous. Mr Walker also expects the Indian economy to remain weak in FY14, but says that he is a buyer of the Indian rupee.