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Tag Archive Investing

“Markets in Turmoil” – CNBC

Charles Schwab Chief Investment Strategist Liz Ann Sonders said on CNBC’s “Markets in Turmoil” special that investors should work to rebalance their portfolio during the market pullback. “We’re really emphasizing not getting greedy, paring back your winners, making sure you’re diversified,” Sonders said. Sonders said that there were signs that the market was overbought even before Monday’s sharp fall, and that investors should look at non-stock assets such as Treasurys to further diversify their holdings. — Pound