Downside protection amid 'gloomy economists' and irrational markets
James Mahon of Church House Investments
While coming within a whisker of calling the low for the S&P 500, it is fruitless attempting to call short-term market moves.
Frankly, they could go anywhere in such an emotional climate, as witnessed in the oil market. Some expensive markets (practically all sovereign debt, notably that with any duration) have become even...
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