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Global markets have given traders whiplash this week. 4 money managers described to us how treacherous the environment has been.
Global markets have given traders whiplash this week. 4 money managers described to us how treacherous the environment has been.
Aug 16, 2019, 00:46 IST
"You have to take a big haircut at this time because of how fast interest rates went down" — Jay Sommariva, vice president and director of fixed income at Fort Pitt Capital Group
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"You want to not follow the herd" — Mark Heppenstall, chief investment officer, Penn Mutual Asset Management
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"Markets are currently in a 'time warp'" — Olivier Marciot, investment manager and senior vice president of Cross Asset Solutions at Unigestion
"People really believe that something's going to happen to cause inflation to go up" — Lisa Shalett, managing director of wealth management, Morgan Stanley