‘Sell everything!’ Here’s why you shouldn’t panic (or, maybe, why some of you should)
“Sell everything.” By now, you’ve probably seen the headlines generated by a client note sent out by the Royal Bank of Scotland. It predicts a “cataclysmic year ahead,” and urges clients to sell everything except high-quality bonds. And if that wasn’t scary enough, the note warns: “In a crowded hall, exit doors [Keep reading]