Markets are just experiencing a 'midlife crisis,' veteran wealth manager says
October 16, 2018 at 14:36 PM EDT
Larry Glazer of Mayflower Advisors attributes the recent sell-off to investors, who had concentrated their portfolios in a handful of names, getting nervous. "In a midlife crisis people do irrational things and they do them at inopportune times," he says. "They usually regret them later on."