Pages Menu
TwitterRssFacebook

Posted by on Feb 10, 2014 in Investment Perspective, Newfleet/Virtus

Viewer Discretion Advised

Viewer Discretion Advised

Joe Terranova, chief markets strategist of Virtus Investment Partners shares his latest market insight with a technical and earnings update.  Virtus’ investment affiliate Newfleet Asset Management is the sub-advisor of the AdvisorShares Newfleet Multi-Sector Income ETF (MINC). 2014 has begun with a decline in global risk assets that is shaking out some of the overwhelming bullish consensus for the year by the collective investment community. For true passive investors, if you currently have enough evidence at your disposal to suggest a secular high similar to 2000 or 2008 is in place, now is the time for immediate action to neutralize risk exposure in your portfolio. Currently, evidence of a secular peak for risk assets is not present for me. Therefore, viewer discretion is advised when observing day to day movements of the markets. What I expect has occurred so far this year is that elevated volatility from the emerging markets “fragile five” acted as the catalyst for the speculative hedge fund community to liquidate correlated “trades” to risk-on assets....

Read More