Post-traumatic stress disorder is a dreadful condition that doesn’t only affect the military. Investors can also suffer, fearful of buying even long term winners after an extreme bout of stock market volatility. We saw this in the wake of the 9/11 terror attacks and the 2008/9 credit crunch. And unfortunately it seems to be happening again post BREXIT, with Bank of America Merrill Lynch reporting that institutional cash positions currently sit at 15 year highs. A sure-fire sign that sentiment is too bearish.
03 Nov 2016
‘Solid’ FY 16 with strong cash generation
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‘Solid’ FY 16 with strong cash generation
Gattaca plc (GATC:LON) | 99.5 0 0.0% | Mkt Cap: 31.4m
- Published:
03 Nov 2016 -
Author:
Paul Hill -
Pages:
9
Post-traumatic stress disorder is a dreadful condition that doesn’t only affect the military. Investors can also suffer, fearful of buying even long term winners after an extreme bout of stock market volatility. We saw this in the wake of the 9/11 terror attacks and the 2008/9 credit crunch. And unfortunately it seems to be happening again post BREXIT, with Bank of America Merrill Lynch reporting that institutional cash positions currently sit at 15 year highs. A sure-fire sign that sentiment is too bearish.