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.

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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.

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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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