Bob Edwards, CIO of Edwards Asset Management, said the Fed’s rate hikes are now
in place and have given markets sufficient clarity. He called the equity decline
after the Fed meeting an overreaction and a buy‑the‑dip opportunity, arguing
that price declines not accompanied by equivalent deterioration in corporate
fundamentals are typical buy signals. Edwards said the firm is advising clients
to increase equity exposure, prioritizing valuation, revenue growth,
balance‑sheet strength and sustainable cash flow.
