To Invest During a Recession, ‘Throw Conventional Wisdom Out of the Window’

It’s time for a new playbook for investing in a bear market.

That is according to John Linehan, chief investment officer at T. Rowe Price ”Bear markets are a lot like Tolstoy’s unhappy families. No two are alike,” Linehan said at a press briefing. “We really have to throw conventional wisdom out the window when we think about what the markets are going to do over the course of the next year, and indeed, over the next decade.”

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