Markets are just experiencing a 'midlife crisis,' veteran wealth manager says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Markets are just experiencing a 'midlife crisis,' veteran wealth manager says. Last week's scare makes right now an 'opportune time' for investors to rebalance their portfolios, he says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Exactly what I did too lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market at ‘risk of a melt-up, not a meltdown’, warns BlackRock’s Larry FinkBlackRock Inc. Chief Exeuctive Larry Fink says that with stocks knocking on the door of record highs, a surge to the upside appears more likely than a market... isn't that what people do when a meltdown is about to happen?
Source: MarketWatch - 🏆 3. / 97 Read more »

Larry Haverty: Chinese market will continue to be 'very difficult' for AppleBMO's Tim Long said that it's not the U.S.-Chinese trade war that's hurting Apple, but instead the iPhone in China is 'not a compelling product and in China that's one of the places that's really cutting edge for features on devices.' Why people are not upgrading their iPhones? Well, Apple got caught cheating by slowing users’ batteries after 3yrs. Now that is over, there is no reason to upgrade.
Source: CNBC - 🏆 12. / 72 Read more »

Veteran trader says market bounce may be the bottomThe market rally may mean the beginning of a move back higher for stocks, says UCX chief economist Jack Bouroudjian. Oh Wait....Surely Trump will tweet something soon...the prick can't keep his fingers to himself, can he? Oh...there he goes...true to form!! 10% tariffs on iPhones...ha ha...cant help hating the bastard!! Next high after today is Friday One day down = Historic Crash coming One day up = ATH in the offing Thanks for the info
Source: CNBC - 🏆 12. / 72 Read more »

Don't be alarmed about sell-off, market saw a 'buyers' boycott': Veteran trader Art CashinInvestors shouldn't really be 'alarmed' by the market sell-off, says veteran trader Art Cashin. 'If you're going to see the Dow down 800, you would expect you'd see somewhat of a stampede. You haven't,' he says. Says a tea party founder... Nothing to see here. Please move along people. Just a typical down 800 point day. Isn't the volatility good for boring dollar cost averaging index investors?
Source: CNBC - 🏆 12. / 72 Read more »