Factoring in fear on Wall Street  EconoMeter panel cautions
against cavalierly cashing in  Trader Michael Hagis works on the
floor of the New York Stock Exchange. Trader Michael Hagis works
on the floor of the New York Stock Exchange. Richard Drew — AP
Question: Should investors fear a big correction in the stock
and bond market. Should they bank their profits and exit now?
Panel's answers: Yes 3, No 4  Marney Cox, San Diego Association
of Governments  Marney Cox  Answer: Yes  There is a great deal
of uncertainty in financial markets today. These conditions have
led investors to fear stocks and loathe bonds. While waiting for
the economy to make a decisive move, investor decisions are
being influenced by the actions of the Federal Reserve; for
example, Fed policies are pushing investors into stocks whether
they want to be there or not. Investors should be fearful, and
bank profits regularly. But withdrawing from the market would
likely mean missing out on further stock market returns courtesy
of Fed policy.