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 sustainab

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.