This article was originally published in the January 2018 issue of Morningstar FundInvestor. Slight adjustments were made to reflect recent market changes. Download a complimentary copy of FundInvestor here.
The markets enjoyed a great rally in 2017, and then we gave some of that back in recent weeks. I don't know if this is a dip you should buy into or the first leg down in a serious sell-off.
Russel Kinnel has a position in the following securities mentioned above: AWSHX FPACX RYSEX. Find out about Morningstar's editorial policies.