Charles Schwab's chief strategist warns of 'casino-like behavior' as stocks rally to records
Business
Stocks are on a roll, but it might be time for investors to take some profits, one strategist warned. Liz Ann Sonders, the chief investment strategist of Charles Schwab's Schwab Center for Financial Research, highlighted what she called "casino-like behavior" among investors as markets climb to new highs. The strategist encouraged investors to rebalance their portfolios to avoid getting caught up in a concentration risk trap. "I have been very focused on the blurring of the lines between
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