Allianz: Buy the Market Dips, Fundamentals Will Overcome Fear
Allianz Global Investors says market sell-off fears are real, but they are not going to impact fundamentals,
The fears causing the recent market selloff are real, but they are not necessarily going to impact investment fundamentals, says Kristina Hooper, U.S. Investment Strategist at Allianz Global Investors. Investors need to put the recent spate of troubling economic data in perspective, says Hooper, and understand that the U.S. economic recovery will not always be smooth. The market's increasing volatility provides dip-buying opportunities and investors seeking growth should add to their small-cap and tech positions when prices irrationally plunge.
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