Markets

Jan 18: Larry Kantor says keep assets liquid

Part 2, January 18 2009: Larry Kantor, head of research at Barclays Capital, says the situation in many markets and economies is so tenuous now because we don't know what the policies are going to be. The next month or two are critical. Investors should keep an "arsenal of liquid assets to deploy"; at some point it is possible that there could be a very big upswing in the economy and in equities, which investors should be ready for. In the meantime, debt of strong companies appears to be a good investment, especially as the Federal Reserve is considering buying corporate debt, together with other assets it is already buying, such as commercial research estate backed bonds.