Christopher Wood, Global head of Equity Strategies at Jefferies, suggests that investors should consider buying gold and Bitcoin due to the impact of monetary tightening in the next two quarters. He believes that gold will respond to any changes in Federal Reserve policy, while Bitcoin is a good option for millennials due to its upcoming halving. In the medium and long term, Wood recommends buying Indian equities. He also notes that private credit is an asset class with built-in greed, while China is experiencing fear. Wood expects China to rebound if its property market stabilizes. He predicts that flows will come to India regardless of China’s situation, as India’s growth prospects are stronger. In the short term, Wood advises buying gold and Bitcoin, while in the medium term, he suggests investing in gold mining stocks and Bitcoin. For the long term, he recommends Indian equities. Wood’s current portfolio consists of less than 20 stocks, but he is open to increasing that number. If he had to choose only three stocks for a three-year period, he would select financials. For a one-year period, he would stick with his current portfolio. In terms of Indian cuisine, Wood enjoys Rogan Josh but does not eat sweets.
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