22 Oct Wealth Management on ‘Cierre de Mercados’ (Closing Markets Radio program) by Radio Intereconomía
Interview by Fernando Latienda on the program “Closing Markets” about the Wealth Management at Radio Intereconomía.
Miguel Ángel Temprano: “The difference between the past and today is in the great liquidity that exists in the market. There is almost 25% more money mass per population available than just a decade ago.”
The CEO and Investment Director of Orfeo Capital analyzes together with the economy journalist Fernando Latienda the current macro-economic situation. The Economy analyzes the present, past and future of past events, but in the past there has not been a precedent like this.
Miguel Ángel Temprano believes that the great majority of comparable stocks are out of its real price range, by about 20%. The stocks are inflated because of the excess liquidity that its available to the markets. The stock manager speaks about the clear bubble in fixed income securities and the ways to invest in variable equity.