The market looks a mess today but at least the selloff isn't gathering much more steam at midday.
"If you ask three people you hear three different reasons for why the market is selling off," said Nancy Tengler, chief investment strategist at Tengler Wealth Management, on the CNN Business digital live showUncertainty about the election outcome next week, further government stimulus and rising Covid-19 infections are weighing on the market. It's already the second selloff of the week, and it might not be the last.
"We will continue to see volatility for at least the next few weeks and maybe longer than that," Tengler said. But this might also be an opportunity for buyers, although Tengler advises her clients not to"invest your politics." The outlook for US stocks, however, is good, she said. At the end of the day there is little attractive alternative to the US equity market, and the lagged effects of government stimulus will also continue to feed through, she said.
The market is the highest it has been.. ever... idiots... it’s going to go over 30,000 if Trump wins...
So much winning
Because all media is saying Biden is leading in polls which is false
Donald Trump's economy 🤣🤣🤣🤣For the deplorables
Still strong CNN.. but go on with the doomsday narrative... absolute hack “media” platform.
Tony Bobulinski
THANKS To DRUNKEN CRAZY PELOSI !!! CNN SUCKS!!!
How to end the COVID-19 pandemic StopCovid GreatLockdown
Guess we are “rounding the corner”! Right realDonaldTrump ? DumpTrump2020
Why do all leftists squeal like pigs
CNN used to be classy now just plain vulgar
Its obamas fault and because of Hunter his laptop.
You need to catch up on actual breaking news. I will help you out.
Welcome to 2nd wave of corona!!! Enjoy
Would this qualify as Winning ?
maga KAGA2020
.realDonaldTrump are you going to take responsibility for that? I mean, you took when it hit the high.
Waiting for realDonaldTrump to take credit for this line he does when it goes up
8 years of fixing the economy, followed by 8 years of destroying it, followed by 8 years of fixing it, followed by 4 years of destroying it.
Worst day.....realDonaldTrump TrumpWarRoom
Gee. I wonder why.
ByeDon
The Dow that can be enumerated is not the eternal Tao
We in March now!
Big Surprise with a bozo in charge of the country. Let’s put the misery to an end please!!!
Cnn loves the fall' news lmao
The orange impeached dipshit in the White House said the economy will magically recover, so what’s there to worry about 🤷♂️🤷♂️🙄
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