The Script Behind Today's Selloff

It's too easy a call for a broker to make. It's too easy to say, "Sell, sell," and that explains a lot of the decline we are seeing right now.

So let me put on my brokerage hat, the one I wore in the 1980s when I worked at Goldman Sachs, and give you my script, a script that's probably behind a lot of the selloff you see. It's a script with an undercurrent that says it is time to make some changes in your portfolio. It's a script meant to meet objections all along the way, because, believe me, there are always objections when you are trying to get that transaction and generate commissions, even as you genuinely believe that the trades must be done and the investments switched around....1284 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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