Following calls to 'sell everything' last month as markets continue to flirt with bear territory, industry experts tell Investment Week where they remain invested, the areas to avoid and, most importantly, why the market slowdown is not a new crisis in the making
Don Smith, deputy CIO, Brown Shipley 'Bear' is meaningless For long-term investors, the idea we have only now technically entered a 'bear' market is meaningless and distracting. This somewhat scary notion promises a degree of predictability about the future, but in reality represents nothing but a soundbite for market commentators. We do not recommend selling down equity positions. Long-term investors should hold firm to their longer-term convictions. These are treacherous conditions for speculators. Given the high level of volatility, until the opportunity set presented by the in...
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