Thomas Lee accentuates the positive from news mutual funds are having their worst year (relative...

|By:, SA News Editor

Thomas Lee accentuates the positive from news mutual funds are having their worst year (relative to benchmarks) since 1998. Since 1995, in the 9 instances when more funds were trailing rather than beating benchmarks through Aug 31, the S&P rallied 8 times (2008, the exception) in the final 4 months. "There will logically be an attempt to outperform, which should be driven by risk-taking."