Tim Harrison – Head of wealth management for Linear Investments – joined Zak Mir and Charlie Gibson in the Tip TV studio to discuss the legacy of QE and how the economy will proceed, as well as two potentially attractive stocks.
An addiction that’s hard to kick.
With an almost inability to raise interest rates without causing a market crash, Harrison questions whether the markets have become addicted to the effects of quantitative easing and easy money. He believes the focus should be on cutting our dependency and focusing on increasing consumption without QE.
Value in Imperial Tobacco and Nanoco.
With Imperial Tobacco (LON: IMT) branching out operations into the US, Harrison believes that this will look attractive to investors as it remains a defensive option when most of the market is witnessing falling value. He also believes that Nanoco (LON: NANO), who produce LCD displays, could prove to be a good long-term investment.