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Video: Money managers still positive about 2015

By NexChange
Capital Markets

Despite the market volatility, issues in Europe, and problems in China, the money managers on this week's Wall Street Week are still positive about the end of 2015. The fundamentals of the economy are still strong, and investors shouldn't be too shaken about the end of August market dip, says Steve Tananbaum, founder of GoldenTree Asset Management. "We went a long time without a correction and we were due," he says. Investment firms need to preempt conversations with clients to ease their fears and keep their investments on track, says Mary Deatherage, Morgan Stanley financial advisor.

 

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