Trevor Gerszt: A Lot More Market Madness Still to Come
Global investment markets don’t just seem scary these days, they are scary. What’s more, the instability of modern markets, and their roller coaster volatility, is something we’d better get used to because it’s here to stay. Fundamentals that have traditionally guided our investment decisions are in a state of upheaval, and investors, both big and small, are yanking their money out of equity markets and investment instruments like mutual funds and ETFs. 2015 will go down as a year of transition for many reasons. Chief among these is the fact that we transitioned from a world economy led by the United States to a global economy where the U.S. is just one economic power among many. While this change to a globally-connected economy is significant, what’s more relevant for today’s investors is that 2015 also marked the transition from a marketplace where greed was the dominant motivator to one where fear rules. What Are We Running From? Fear is a Poor Investment Adviser © 2016 Newsmax Finance.