Watch out for energy and inflation and stay away from bubbles: Strategist
Barbara Ann Bernard, CEO and CIO of Wincrest Capital joins BNN Bloomberg to talk about the market's reaction to Powell's re-nomination as the U.S. Federal Reserve Chief. Bernard notes this move was expected. She advises investors to keep an eye on China's power crunch, which could lead the Asian country to become an inflationary force against its last 25 years' behaviour as a deflationary nation. Bernard explains China's behaviour is caused by higher energy prices, which could end up impacting several industries across the globe. Bernard likes anti-bubbles like gold miners and other commodities. Specifically Ora Mining, Prime Mining and Canada Nickel.