​From T. Rowe Price: Manic market not a reason for investors to panic

Quick Summary: Risk-on sentiment and positioning heading into the August 5 market sell-off were extreme. Weakness in U.S. economic data contributed to the pullback. However, not all recent data have been disappointing. The dislocations that occur during periods of indiscriminate selling can create compelling investment opportunities.

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T. Rowe Price_Manic Market Not a Reason for Investors to Panic_Aug 2024