Reactions to shocks in the stock market are sharp, but transitory, says strategist
The emergency half a percent rate cut by the Fed preceded a major sell-off in U.S. markets. But RiverFront Investment Group's Chris Konstantinos urges long-term investors to stay the course, saying that similar historical shocks tend to have temporary effects to the stock market.
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Reactions to shocks in the stock market are sharp, but transitory, says strategist
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