Political turmoil means it's time to short US stocks — especially big tech, CEO says

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

Business News News

The recent waves of fresh backlash against major tech companies and political scandal in the U.S. are a threat to American equities, Quadra Capital Partners' CEO warns, advising investors to short the U.S. market despite record highs.

 

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

Business Business Latest News, Business Business Headlines

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

'I lead this company without political bias,' Google CEO Sundar Pichai to testify before CongressThe Google CEO is expected to field tough questions about Republican charges of conservative bias when he appears before Congress on Tuesday. So where's my daweanthonygmail.uk account then wideboy? Senate RandPaul RonWyden NSA GCHQ ColoradoBureauofInvestigation Oh really? But did he go through a 14 year old tweets and demands an apology. No! That was you. Well done. Losers. Wrong!
Source: USATODAY - 🏆 100. / 63 Read more »

As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woesFedEx Chairman and CEO Frederick Smith said Tuesday that most of the issues facing the company are the result of politicians around the world. Nicest way to say “trump screwed my southern company” a southern guy can do I bet he voted for Trump FedEx, a bellwether of how the economy is doing, has seen its stock drop 35% recently, and is buying out workers in the US. Trump will refer to these lay-offs as 'bonus pay'.. - As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woes
Source: CNBC - 🏆 12. / 72 Read more »