‘THE BEAR STILL SLEEPS:’ Defiant investors are ignoring signals warning of a market meltdown
|02/03/2018||Posted by BusinessMediaguide.Com under General World News||
- The stock market just had its worst week in about two years.
- After a euphoric surge, and amid several warning signals, some investors think the selling could continue, but won’t be strong enough to derail the bull market.
- This week, strategists at firms from Bank of America Merrill Lynch to UBS advised clients to hedge against risk — just in case — but keep counting on economic growth to eventually lift stocks.
Investors found few places to hide this week, when the stock and bond markets experienced their biggest drops in a while.