THE FINANCE GHOST: Beware the falling pianos

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One of the biggest risks in a sell-off is to assume that things simply ‘cannot go any lower’. Unfortunately, they can. And they do, writes FinanceGhost.

The risk-off trade is dominating markets. It means that anything marginal is getting hammered, with only the strongest investment cases standing tall.

This is painful for those who entered the markets in the past 12-18 months, as the riskier names have been a favourite for inexperienced investors...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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