Global markets are sliding. Here's how to bulletproof your portfolios, according to experts

Global markets are wobbling, stoking investor worries over portfolio allocation and how to navigate the current climate — sit tight, rotate into defensive stocks, or opt for cash? The turbulence is being driven by a confluence of factors ranging from stretched tech valuations to shifting rate expectations and softening global data. Gold prices have fallen over 7% since their record intra-day high on Oct. 20, bitcoin slid below the $90,000 mark on Tuesday, while stocks globally have seen sharp declines. The MSCI world index has lost 3.5% over the past four sessions. "The risk-off [has] mood broadened beyond technology, pulling down gold, cryptocurrencies, and several other sectors," said Shihan Abeyguna, managing director for Southeast Asia at Morningstar. The policy backdrop is adding stra