5 Market Pros Speak on What to Do Now

Some of the smartest strategists on Wall Street have taken on a decidedly cautious tone.

A person looking through glass
(Image credit: Getty Images)

Some of the smartest strategists on Wall Street have taken on a decidedly cautious tone. They’re not exactly battening down the hatches, but it’s clear that with continued volatility in both the stock and bond markets, and recession worries on the rise, aggressive bets are out, defensive strategies are in and an eye for bargains, especially overseas, is a must.

Read on to see their latest takes on the market’s direction and what it means for your portfolio.

Nellie S. Huang
Senior Associate Editor, Kiplinger's Personal Finance

Nellie joined Kiplinger in August 2011 after a seven-year stint in Hong Kong. There, she worked for the Wall Street Journal Asia, where as lifestyle editor, she launched and edited Scene Asia, an online guide to food, wine, entertainment and the arts in Asia. Prior to that, she was an editor at Weekend Journal, the Friday lifestyle section of the Wall Street Journal Asia. Kiplinger isn't Nellie's first foray into personal finance: She has also worked at SmartMoney (rising from fact-checker to senior writer), and she was a senior editor at Money.