Following the old saw that "What goes up must come down" - and vice versa - advisors who employ a strategy of buying cheap like it when market sectors decline.By the same token, some economic-minded advisors are continually on the lookout for market laggards in the expectation that the next swing might trend upward. Top performers over the recent past are the likely suspects for future price declines, say experts.
A look at mutual fund leaders might suggest that investments in international small cap funds or emerging markets would be areas of concern, due to a number of simmering crises in various parts of the world. But the heretofore-superior performance of either sector is not enough to send advisors fleeing the class.
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