Some rather early ‘buy the dip’ hysteria

Tuesday, 28 June 2016

From the AFR:

Investors looking for any sort of sign that shows them now is the time to buy shares have got a problem. There’s no such signal.

Investors react with different emotions to a large drop in the sharemarket and at times like this the investment game is about who is first to come to grips with the changed and threatening environment.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.