Caixin
Nov 23, 2021 04:14 PM
OPINION

Fisher: The Worry Meter Is Beeping — So Buy Stocks Now

Coal shortages and electricity price spikes. Evergrande and property market default doom. Food shortage fears sparking panic buying, semiconductor shortages threatening industrial production and renewed Covid-driven restrictions in a few cities in China. Yikes! All these headline fears might make stocks seem scary today—gloomy Western pundits surely see it this way. But stay calm—these widely touted fears are investors’ friends! Their prominence signals stock prices currently reflect relatively dour sentiment, teeing up the likelihood of positive surprise—the kind that sparks bull markets’ renewals.

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