Most sophisticated investors are aware of the pitfalls of
overreacting to short-term market trends, a habit that can lead to
disappointing long-term returns. Capital markets are volatile, and
investors who rush to sell or buy a...
Asset Allocation Monthly:
Equity and fixed-income markets have benefited over the last
year not only from stepped-up central bank support, but also from a
clear abandonment of ‘austerity’ as a response to economic shocks.