Blackmont Stomps on Buy-and-Hold; Mixed Rate Decisions in Europe

Investment advisor at Blackmont Capital and friend of Currency Currents, Yves Lamoureux, made a few comments on trading strategy that we wanted to include in today’s piece:

From Buy and Hold to Buy and Fold! Have investors been snoozing during the recent drop? They are now hitting the sell button in panic. The constant reminder to buy and hold stocks for the long term and forget about volatility probably hit home as more than 10 years of returns are wiped out.