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Strategists unfazed by market downdraft
But investors should be more broadly diversified to weather volatility.
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Genevieve Cua
Published Tue, Feb 20, 2018 · 09:50 PM
Singapore
MARKET strategists are mostly unfazed by the recent market correction, and say that the recent downdraft is a "buy" opportunity.
Global stock markets lost some US$5 trillion in value in early February, as markets entered into correction territory. They have since retraced some of the losses. MSCI all-country indices show that February returns are negative, but year-to-date returns remain in the black.
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