The $1 trillion investment giant T. Rowe Price warns investors this isn't the time to 'be a hero' as risks mount

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

'It's a good time to be diversified, invest strategically, and have your shopping list ready in case stocks pull back and go on sale,' the firm said.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Trader Peter Tuchman works on the floor of the New York Stock Exchange, Thursday, June 20, 2019. Stocks are opening broadly higher on Wall Street, erasing the market's losses from May and setting the S&P 500 on course to reach another record high. While the market has enjoyed an impressive rally this year, global downside risks are building, theThe upcoming US corporate earnings season is unlikely to serve as a catalyst that drives stock prices meaningfully higher, T.

"Markets are near highs and risks are rising, so it's not time to be a hero," Rob Sharps, the firm's head of investments and group chief investment officer, said."It's a good time to be diversified, invest strategically, and have your shopping list ready in case stocks pull back and go on sale." Slowing global economic growth could improve if trade relations between the US and China don't deteriorate further, the firm said. While T. Rowe — which oversees $1.07 trillion in assets — is"generally constructive" on the market through year-end,"risks are building."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The flag kept swaying in the wind. And the loud noise scattered the birds. Indeed, the boat rocks a bit.

hD8

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines