No shortage of risks, but now is an ideal time to put cash to work: Wilmington Trust

If you can withstand the market’s wild swings, Wilmington Trust’s Meghan Shue believes it’s an ideal time to put cash to work.

It may seem counterintuitive, but she’s more comfortable investing in stocks now than earlier this summer when Wall Street was calmer.

“It’s actually more unsettling when it appears that everything is good and the skies are clear,” the firm’s head of investment strategy told CNBC’s “Trading Nation” on Friday. “It could be good to have some risks on the horizon.”

Even though she acknowledges there’s no shortage of issues from the Covid-19 delta variant surge to Federal reserve policy to inflation, Shue is confident they won’t derail the economic recovery or have a long-term negative impact on the market.

“Volatility we’ve been seeing in the market is somewhat refreshing actually because we’ve had a very, very low volatility environment,” she said. “Typically, you see a 5% to 10% pullback [each year.] It’s been over ten months since we’ve seen anything more than at 5% pullback.”

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