Fear of Missing Out

In our thoughts, the panic buying in the short term has driven market valuations to unreasonable levels when looking at the fundamental and economic growth rates. When 35%-40% of the DOW stocks are trading at or above their 12 months price targets, that gives us pause . Investors have a Fear of Missing Out and that is not a sound or fundamental investment philosophy.

You can follow Granite Group Advisors on LinkedIn and learn more about our Wealth Management and Corporate Retirement Services on our Website.

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