Equity Mantra Now Is To Buy Dips But Hedge Risks
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Equity Mantra Now Is To Buy Dips But Hedge Risks By Jan-Patrick Barnert, Bloomberg markets live reporter and strategist There are two pieces of stock market wisdom which — unlike many others — often ring true: “buy protection when you can, not when you must” and “a hedged pot never boils.” Both seem to be at play right now. Last Thursday’s equity drop was followed the next day by a 1% gain on Wall Street and a late-session bounce in the Stoxx 600. That fits the pattern we’ve seen...

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