Patti Domm is CNBC executive news editor, responsible for news coverage of the markets and economy. Prior to joining CNBC in 1999 as senior news editor, Domm was the equities editor for the Americas at Reuters. She was also Wall Street editor at Reuters, reporting on mergers, acquisitions and the Street. She also edited three CNBC books on personal investing. Domm serves on the board of the Financial Womens Association of New York.
For many investors that's a hard move to make, after the market has delivered such stinging losses and continues to trade volatiley "You don't' compound one bad decision with another one, which is sell at the bottom," Levkovich said in a telephone interview.
Scared of the stock market? It could be a good time to dip into corporate bonds. More than a few economists and strategists have pointed that out in the last couple of days, as spreads widen to record levels. Today, Citigroup's Steven Wieting says in a note that the cost of corporate credit, and therefore investor returns, have probably eclipsed long-term stock market returns on a risk-adjusted basis.
Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
CNBC Senior Commodities Correspondent and Personal Finance Correspondent
JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.
Senior Producer at CNBC's Breaking News Desk.