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cnbc said that As a record amount of money flows into the market, Wilmington Trust’s Meghan Shue sees a troubling trend.Shue, who oversees almost $136 billion in assets, is concerned retail investors are rushing into stocks and cryptocurrencies that are high risk and offer few benefits — if any at all.
“It’s a little bit of chasing returns in the wrong areas. It’s also a little bit of chasing what’s already happened,” the firm’s head of investment strategy told CNBC’s “Trading Nation” on Friday. “One thing we have to be careful of is not to extrapolate what we’ve seen over the recent three months into the future.”
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CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
