INVESTORS fret about a host of issues ranging from the trade war to whether a global or US recession is imminent. But they should just "keep calm and carry on buying those equities, says Lee Spelman, head of US equities for JPMorgan Asset Management.
"Stay the course and don't panic... because it's the way to win in equity investing. Corrections happen all the time.''
She was speaking last week during the JPMAM international media summit in London.
She cites asset markets' negative performance at end-2018, dragged down by concerns over the prospect of higher interest rates, among other factors.
The rebound in 2019 was swift. Between January and end-September, the S&P 500 has returned over 20 per...
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