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Charles R. Schwab
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"While we believe investors should stick to their long-term asset allocation strategy, they might consider some strategic pruning," said Liz Ann Sonders, Schwab's chief investment strategist. "As markets have suffered some confidence-bruising sell-offs, risk-taking has lost some of its allure and the appeal of cash as a safe haven has been charming investors, especially relative to more volatile alternatives."
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