scale: Armageddon is not on the horizon, the argument goes, and we should all be taking advantage of this uncertainty to load up on US stocks, according to The Guardian. Not that many people are thinking that way. Can stock market investors scale it Will they even be willing to make the attempt If you listen to at least one group of investment pundits, they should. You'd have more investor interest in a water purification plant in Botswana than in the Standard & Poor 500, said Richard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, at a luncheon held in New York by Eaton Vance Investment Managers. Last week, part of Bernstein mission, and that of his fellow speaker Eddie Perkin, chief equity investment officer at Eaton Vance, was to get out word that the odds of a stock market meltdown are minimal, or at least far, far lower than the fears of investors. Eaton Vance, a mutual funds firm for which Bernstein manages two funds and provides investment insight, is one of several firms that every so often puts its top money managers in front of financial journalists, to opine on the global markets.
(news.financializer.com). As
reported in the news.
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