Don’t get ‘sucked back in’: Fund manager says investors should learn from past bear markets

CNBC/Elliot Smith/6-27-2022

cartoon image of stock market bear watching ticker

“The stock market bounce in recent days is just a relief rally and investors should avoid getting sucked back in, according to Trevor Greetham, head of multi-asset at Royal London Asset Management.”

USAGOLD note: That’s assuming of course one had the wisdom to do some selling at record-high prices. Greetham says that what we have experienced thus far is just “the interest-rate driven part of the bear market.” There’s more to come. Greetham’s in the camp that sees the Fed holding to the tightening course.


This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.

Source link

Add a Comment

Your email address will not be published. Required fields are marked *