How to Read a 'Cliff'-Induced Sell-Off
Short-term market gyrations over the unfolding Washington drama could make a good shopping opportunity for certain stocks, says Sanibel Captiva's Pat Dorsey.
Note: Pat Dorsey is the former director of equity research at Morningstar. He is now the president of Sanibel Captiva Investment Advisers.
Jason Stipp: I'm Jason Stipp for Morningstar. The uncertainty quotient is high as we approach the end of 2012, with a lot of headlines focusing on the fiscal cliff and other issues, so what should you do if we do see a big selloff in the market in these last few days of the year? Here to offer his insights is Sanibel Captiva Investment Advisers President Pat Dorsey.
Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.