- With year-end just several months away, money managers great and small are focused laser-like on year-end returns. But the environment is looking a little twitchier as Q4 approaches.
- Peak growth, sticky inflation, ongoing supply chain problems, high valuations and potentially disruptive events in China are all clear and present themes.
- With that same abundance of caution, many investors are deciding to sit tight on their year-to-date gains and not extend themselves further into exposures that could snap back and bite them - but at the same time not do too much de-risking.
For further details see:
First Of All, Do No Harm