Stock market outlook: 3 ways to stay invested amid sell-off, UBS says - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 87 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The world's largest wealth manager explains why traders should stay invested amid the market's latest downturn — and offers 3 specific recommendations

The Dow Jones industrial average and the Nasdaq also slumped, reversing gains from earlier in the week.

"We view the latest sell-off as a bout of profit-taking after a strong run," said Mark Haefele, the chief investment officer of global wealth management at UBS, in a Friday note. "Stocks are still well-supported by a combination of Fed liquidity, attractive equity risk premiums, and an ongoing recovery as economies reopen from the lockdowns."

While the S&P 500 is now sitting roughly at UBS's target, there's also further upside that could be driven by a coronavirus vaccine or "positive medical developments," a new stimulus bill from the government with an election outcome favorable to growth, and a real rates dropping further, according to the note. Investors should thus stay invested according to previous plans, according to Haefele. Here are three recommendations he has for investors.

He also recommended a "put-writing approach to enter markets defensively, for those investors who can implement options," and "making use of structured investments to add asymmetric exposure to stocks, e.g., with a degree of capital protection."US Investing Championship hopeful Matthew Caruso landed a 382% return in the first half of 2020. He shares the unique twist he's putting on a classic trading strategy — and 3 stocks he's holding right now.

That being said, Haefele added that investors will need to seek alternatives to portfolio diversification because of how low starting yields are on high-quality bonds. He recommended gold, which he sees as having further upside potential, and "including some exposure to hedge funds with a strong track record of downside risk management," to insulate portfolios.

 

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

Breaking news: McDonalds want you to keep eating its burgers even tho its bad for your health.

Smokey_Creek should invest in something that’s guaranteed.

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market sell-off: Investing strategy, how to trade for recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The Matrix Feeds The Matrix - Sometimes
Source: BusinessInsider - 🏆 729. / 51 Read more »

A BlackRock investment chief says market's big sell-off was 'healthy' recalibration - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US stocks trade mixed as major tech sell-off offsets strong labor-market data | Markets InsiderSummary List Placement US stocks traded mixed Friday after the August jobs report showed strong job additions and a better-than-expected unemplo... Hi, I will provide you with the BEST Quality B2B, B2C lead of any business sector/category that you can use to increase your sales or increase your Business traffic. To Take My Serves Please DM/PM me or Visit My Gig: leadgeneration B2B Businessleads
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock Market Sell-Off: Dow Falls 150 Points Despite Late RallyStock market sell-off: The Dow fell 150 points today despite a late rally by skleb1234 skleb1234 skleb1234 If Biden gets in you’ll look back on a 150 point drop with dreamy eyes wishing you were back in these days...:
Source: Forbes - 🏆 394. / 53 Read more »