John Mowrey of NFJ Investment Group Discusses Market Trends and Recent Volatility
On a recent episode of CNBC’s “Squawk Box,” John Mowrey, the Chief Investment Officer and Senior Portfolio Manager at NFJ Investment Group, shared his insights on the latest market trends, the recent market volatility, the semiconductor sell-off, and investing in Chinese equities.
Market Trends
Mowrey began by discussing the current market trends, stating that “we’ve seen a pretty significant rotation out of growth and technology stocks and into value and cyclical sectors.” He attributed this trend to the economic recovery and the belief that “value stocks are going to outperform growth stocks in this environment.”
Market Volatility
Regarding the recent market volatility, Mowrey explained that “there are a lot of moving parts right now,” including the delta variant of COVID-19, the Federal Reserve’s tapering of its bond-buying program, and geopolitical tensions. He noted that “volatility is a normal part of the market, and it’s important for investors to have a long-term perspective and not get too caught up in the day-to-day noise.”
Semiconductor Sell-Off
The semiconductor sell-off was another topic of discussion, with Mowrey pointing out that “there have been some concerns about supply chain disruptions and demand destruction in the semiconductor sector.” He went on to explain that “these concerns are not new, and the sector has experienced similar sell-offs in the past, only to recover strongly.” He encouraged investors to “stay the course and not get too reactionary to short-term market movements.”
Investing in Chinese Equities
Lastly, Mowrey addressed the topic of investing in Chinese equities, stating that “China is an important part of the global economy, and there are many compelling investment opportunities there.” He emphasized the need for investors to be “thoughtful and deliberate” in their approach to investing in Chinese stocks, and to “do their due diligence and work with experienced investment professionals.”
Impact on Individual Investors
Based on other online sources:
The insights shared by John Mowrey on “Squawk Box” have important implications for individual investors. The rotation from growth to value stocks, for example, suggests that investors may want to consider shifting their portfolios towards value stocks and away from growth stocks. Similarly, the volatility in the market highlights the need for a long-term perspective and the importance of not reacting too strongly to short-term market movements.
Impact on the World
Based on other online sources:
The trends and insights discussed by John Mowrey on “Squawk Box” also have broader implications for the world economy. The rotation from growth to value stocks, for example, could lead to a shift in economic power from the United States to other countries, such as China. Similarly, the concerns about supply chain disruptions and demand destruction in the semiconductor sector could have ripple effects throughout the global economy.
Conclusion
In conclusion, John Mowrey’s insights on “Squawk Box” provide valuable perspective on the current market trends, recent volatility, the semiconductor sell-off, and investing in Chinese equities. For individual investors, these insights highlight the importance of having a long-term perspective, being thoughtful and deliberate in investment decisions, and staying informed about global economic trends. For the world at large, these insights suggest that there are both challenges and opportunities in the current economic environment, and that a thoughtful and deliberate approach is necessary to navigate them successfully.
- John Mowrey discusses market trends and recent volatility on “Squawk Box”
- Rotation from growth to value stocks
- Importance of long-term perspective
- Concerns about supply chain disruptions and demand destruction in semiconductor sector
- Investing in Chinese equities: be thoughtful and deliberate
