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The Tell: Get out of the ‘cauldron of complacency’ this year, says Société Générale

Sharp swings in stock prices over the past few days have torn away the mask of complacency that has characterized much of trading in equity markets over the past two years.

That has led to renewed calls that investors avoid investing in “risk assets” like stocks. Against a backdrop of roiling markets, analysts at Société Générale took this chance to list a few reasons why skittish money managers should stay cautious in 2018.

“The search for yield and fear of missing out (FOMO) remain king in the current environment. … But beware! We don’t want to end up as the frog that gets boiled in a cauldron of complacency,” they said.

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