"No fear": Rong Jing complacent attitude has become the biggest investor risk

Since the end of the financial crisis in 2008, the biggest risk investors face is actually avoiding risky assets. However, some analysts believe that a good day for easy profitability is over and the risk is no longer the same.

November 17, 2017, New York, New York Stock Exchange. REUTERS / Brendan McDermid
For the past nine years, investors who have put risk-limiting assets on their portfolios, whether stocks, corporate bonds or emerging market assets, have been punished for their own timidity.

Since the high-risk asset markets such as equities have bottomed out in early 2009, the US S & P 500 index has so far doubled to an annualized return of 19%, about the same as the return on the Bloomberg Barclays United Composite Index 15 percentage points.

According to people involved in the New York Reuters Global Investment Outlook 2018 this week, this wave of rally, especially in the context of steady economic growth, makes even dubious fund managers and analysts afraid Easily expected short-term there will be a wave of pull back.