Fear of Missing Out

Posted: Apr 20, 2016 10:02:14 AM

In our thoughts, the panic buying in the short term has driven market valuations to unreasonable levels when looking at the fundamental and economic growth rates. When 35%-40% of the DOW stocks are trading at or above their 12 months price targets, that gives us pause . Investors have a Fear of Missing Out and that is not a sound or fundamental investment philosophy.

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