Reported about 2 months ago
As summer market turmoil continues, investors are increasingly cautious, with many opting to sell stocks rather than re-enter the market. Concerns over a potential US recession and the recent surge in volatility—exacerbated by surprises from the Bank of Japan—have shifted sentiment from a buy-the-dip mentality to a more fearful approach. Asset managers anticipate further selling, particularly if upcoming economic data fails to reassure. With expectations of a volatile few months ahead, there are indications that mainstream investment managers may follow suit by adjusting their portfolios in response to ongoing market fluctuations.
Source: YAHOO