The market's Fed cut 'obsession' is all smoke and mirrors, says dean of valuation

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The market's Fed cut 'obsession' is all smoke and mirrors, says dean of valuation
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Investors should be paying attention to earnings over the Federal Reserve's policy moves, says NYU Stern's Aswath Damodaran.

above 3,000 in Wednesday's trading session, Damodaran still saw ways to get invested.

"My problem with Amazon is not that it's not a great company. I think it's an amazing company. The question [is] whether you can pay the price you pay for Amazon right now and get value from the company," he said.

 

Its a trump move....political

If that's the case, it might be time to move to bonds, since the earnings are going negative.

No matter what... Big problems ahead

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