It's an uncertain time for markets, with much anticipation over the U.S. Federal Reserve's decision on interest rates next week and the the U.S. presidential election . BML Funds' Ted Alexander describes the current market as "directionless.
Calling it a "big behemoth," Alexander expects it to get a competitive boost as its competitor Verizon is a "bit stuck" in its acquisition of fiber-optic internet company Frontier Communications in a $20 billion all-cash deal . AT & T came under pressure earlier this year as customers in South Dallas in the U.S. experienced network disruptions due to what the company described as a case of thieves stealing copper wire , but the investor remains unfazed.
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