'We should not overreact to market movements,' says Standard Chartered chairman

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Market is overreacting to Macy's sales, says former Walmart CEOFormer Walmart CEO Bill Simon said that the drop in retail stocks on Macy's weak holiday sales is a 'huge overreaction.' He said that the consumer is still 'buoyant' and that retail is still 'very strong.' Right... I go to walmart in the town I was born in it is like a third world country. They have like 27 self checkout registers open with no cash for change in them and 2 regular registers open out of 24. took me 20 minutes to get the 90 cents the machine owed me. the shelves are empty.... Except for the consumers who are furloughed government employees, subcontractors or have to work without pay. Not a lot of buoyancy in those households.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Jamie Dimon says the stock market overreacted, no recession aheadDimon said that stock declines in December and the halting by banks of high-yield debt issuance that month were unwarranted. We believe him, why? He also thinks Bitcoin is worthless, so that goes to show he’s clueless anyway. did he forecast the last one?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Treasury Secretary Says Market Has Overreacted to Federal ReserveSteven Mnuchin says investors overreacted to this week’s Federal Reserve meeting, adding that some were disappointed in Fed Chairman Jerome Powell’s comments. Subscribe to pewdiepie fam or I will end game you Trying to calm the markets after the Fed Chairman tanked it. KateDavidson not if the central bank members can help it, given their disdain at the thought of a thriving Trump economy—
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »