Steve Sosnick, Interactive Brokers’ chief strategist, discusses the Chinese market sell-off and the investment climate for “buying-the-dip”, which has become a Pavlovian response. This is a learned reflex that has worked spectacularly well for the past year and a half. There is of course a risk to operating reflexively in a field that demands intellect, though.
Read Steve’s referenced post here:
Produced on July 29, 2021
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