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Investors preparing portfolios for a potentially rocky patch in US stocks

Most money managers are wary of cutting equity exposure too drastically in a market that has rallied more than 40% since late March

Topics
US stocks | Wall Street | Coronavirus

Reuters  |  New York 

Investors are preparing their portfolios for a potentially rocky patch in US stocks, worried that a dramatic rebound in equities may stall amid dimming economic data and rising political uncertainty. Most money managers are wary of cutting equity exposure too drastically in a market that has rallied more than 40% since late March and stands near all-time highs despite widespread economic devastation and a global coronavirus pandemic. Still, the continued divergence between stocks and the real economy has worried some investors. US growth took its worst hit on record in the second ...

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First Published: Sat, August 01 2020. 11:53 IST
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