Monday’s sharp rebound may not be sign that market volatility has ended: experts

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Monday’s sharp rebound may not be sign that market volatility has ended: experts GlobeInvestor

This translation has been automatically generated and has not been verified for accuracy.The novel coronavirus has whipsawed stock markets but investors shouldn’t take Monday’s sharp rebound as a signal that volatility has ended, say investment experts.

“We are dealing with so many unknowns it’s impossible to call the bottom right now,” Taylor said in an interview. The market dip could be an opportunity to buy quality stocks at a discount but investors shouldn’t be in a rush.“There’s still going to be more volatility throughout the next few months and you will get different opportunities but if you have a lot of cash this is not a bad time to start looking at opportunities.”

Michael Greenberg, portfolio manager at Franklin Templeton-Multi Asset Solutions, said he began chipping away by buying a little on Friday but thinks volatility will continue for the next month or so.

 

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