Money managers keep a cool head
Faced with the extreme market turbulence of the past week, money managers are staying the course and relying on their long-term investment strategies while also looking for opportunities amid the panic.
Kevin Burkett, portfolio manager at Burkett Asset Management, says his firm’s strategy isn’t predicated on timing markets or guessing where macroeconomic forces are headed.
Instead, it’s focused on a core basket of what he calls “all-weather businesses” that are less vulnerable to the wild swings of tariff-stressed investors.
There have been extreme selloffs on the markets and a few big swings upward over the past week after U.S. President Donald Trump announced sweeping tariffs on countries around the globe.
Markets dove back…
