Perennial May Euro Crisis Hits U.S. and Global Markets
In this month’s commentary, ING Chief Market Strategist Doug Coté stresses the key factors investors should know to ride out this temporary market volatility.
- For the third straight year, a Euro-crisis hit markets in May, causing uncertainty and doubt to overshadow fundamentals
- What’s needed today is a disciplined plan that protects portfolios from losses but does not overreact and send investors prematurely to the exits
- Earnings growth, a dependable fundamental signal for both buying and selling, remains positive — the U.S. is slowly but surely moving forward
- Ample rewards await those who maintain a diversified global portfolio and stay focused on long-term goals