Slabber, who is Portfolio Specialist Director at Morningstar SA, urged investors to recognise that the market is forward-looking and economic data is backward-looking so “there is a very good chance that a recession is already priced into valuations”.
While she and Avery agreed that market volatility was likely to continue, they also said that (as history teaches us) it is often in time of crisis that the best investment opportunities are created.
Not The Daily News on Classic Business on Fine Music Radio (101.3 FM) on Thursday evenings is sponsored by 10X Investments.
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