Griffin thinks cash would be a better place to hide out than what are often considered "safe trades" in a risk-off environment.
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Stephen Weiss, chief investment officer at Short Hills Capital Partners, says this is not the time to be trading the market.
Goldman Sachs emphasized that free cash flow remains the most critical indicator of downside resilience.
It's the real reason why so few people make money in stocks.
As investors downplay risks across equity and credit, BofA has pinpointed a key defensive trade.
Global markets are wobbling, leaving investors questioning whether to sit tight, rotate into defensives, or raise cash.
"We do think the balance of risks means that it is prudent to have greater exposure to more defensive assets at this stage," one…
