'No need for radical action': How investors are responding to global sell-off

Managers stand firm as panic-selling continues

As the FTSE 100 dips below the 6,000 mark for the first time in over two years and panic-selling takes hold of global markets, fund managers and economists give their response.

Jason Stather-Lodge, CEO, OCM Wealth Management Further gains will be seen The rate of declines and the sell-off would normally indicate a severe global recession is on the horizon and, taking the last ten days in isolation, today's markets look negative. However, we are content the evidence does not suggest anything of the sort (notwithstanding a slight slowdown in manufacturing activity in some of the major economies). Unless something significantly destabilises the global economy, the recent falls will be reversed and further gains will be seen by year end. We are going to stay i...