WARNING! Morgan Stanley: Investor Fear of Missing out Is ‘Not a Good Sign’… Stephen Roach: Wall Street Too Optimistic as Economies Start Reopening

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Investor Fear of Missing out Is ‘Not a Good Sign’, Warns Morgan Stanley

Morgan Stanley Investment Management’s Andrew Harmstone advises investors to keep their portoflio risk level low and maintain a defensive position while looking for opportunities to add value in an environment of “extremely high” volatility.

  • The fear of missing out has played a role in recent market movements but that’s “not a good sign,” according to Andrew Harmstone, head of global balanced risk control strategy at Morgan Stanley Investment Management.
  • Harmstone said investors should keep their portfolio risk level low and maintain a defensive position while looking for opportunities to add value in an environment of “extremely high” volatility.

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