top of page
  • PWC

Markets Turn Quickly

When markets turn higher it often happens quickly and with little change in the headlines, says an RBC Harbour Group Market Commentary. “We only need to look at the past few market bottoms to see how quickly things can change and the damage that can be done to a portfolio by changing asset allocation at the point of maximum pessimism,” it says. And while investor and consumer sentiment are both quite dire right now, these are actually positive signs for investors as very weak sentiment often signals a turning point. In these situations, a lot of bad news is typically well known and therefore reflected in prices. It often doesn’t take much good news (actually just ‘less bad’ news) to turn things around.


bottom of page