NEW YORK — Investors should be used to all this dizziness — they’re certainly getting enough practice.
Investments around the world veered sharply up, down and back again last quarter amid worries President Donald Trump’s trade war and the slowing global economy could sink the United States into recession. The fury didn’t amount to much in the end, though, at least for investors who resisted the temptation to sell during the tumult. The largest funds mostly ended the July-September quarter with modest gains or losses.
It’s the latest test of patience for fund investors, who’ve been thrown into the spin cycle after years of relatively placid and strong returns.