Ron Insana: Fed should reassure market it's ready to act, as this resembles late '90s foreign markets crises

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

Regwall-Pro Nachrichten

Markets,Economy,Nikkei 225 Index

There is more to Monday's sharp sell-off than meets the eye.

After 40 years in financial journalism and finance, I've learned two things to be true. First, when everything is being sold – and just about everything is being sold on Monday – someone is in big trouble. Second, when someone is in big trouble, coordinated rate cuts will follow.

Oil prices are also dropping , even as tensions between Israel and Iran continue to rise. This suggests that fears of a financial market problem are greater than those of a widening Middle East war. It is a profound market statement about which risk is greater now. UBS director of floor operations Art Cashin has said about moments like this, "When you can't sell what you own, sell what you can.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadershipAmericans have a homeward bias when it comes to investing — and rightfully so, especially in a year like this.
Herkunft: NBCLA - 🏆 319. / 59 Weiterlesen »

Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadershipAmericans have a homeward bias when it comes to investing — and rightfully so, especially in a year like this.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »