are both down 4% this month, while the S&P 500 is off by more than 2%.
Barclays health care services analyst Steve Valiquette noted that his sector has seen "political uncertainty associated with Elizabeth Warren's steady rise in the Democratic polls," and MoffettNathanson said that a "Warren presidency would heighten regulatory risks" for telecom names, before adding "but a Warren presidency would heighten regulatory risks for lots of industries.
Stocks have been caught in somewhat of a holding pattern as of late. After rising to new highs in July, geopolitical tensions and fears of a global economic slowdown weighed on markets. In September the Dow Jones Industrial Average and S&P 500 came within 1% of their prior all-time highs, but they didn't quite reach those record levels and have been moving lower since. The indices are now about 4% below their July highs.
"She is clearly portraying private equity managers as the axis of evil in the American economy...invectives from the Warren camp will no doubt be with us for at least the duration of the campaign," Kotowski wrote., which tracks the broader financial space, is currently trading 5% below its most recent July 26 high. The sector is coming off its first negative quarter in four, and is on pace for its fourth straight week of losses.
Just like 2007 in anticipation of BarackObama . 🤔🤔🤔
sp will be record high in weeks and you will have a new story as usual.
Here’s another theory: The stocks are overvalued and unaffordable for some investors who hope reality sinks in.
Lol. Talk about getting the excuses in early
Our country should be run “for the people“! Not just RICH people.The percentage of people who own stocks and bonds is very low... The whole stock market Caters only the people who are Rich! Warren is talking to the common man who have been left out!,They like what she has to say!
Oh, Misogyny is thy name. They are because Trump is destabilizing the entire planet.
These are the same analysts who believe climate change initiatives will hurt oil & gas industry profits. But it'd be a win-win if initiatives are smartly integrated with current energy channels. We're already losing ground on energy hybrid solutions to China.
Such a dumb theory.....
Hey CNBC stick to your criminal fomenting and boiler room pump & dump tactics on the public, and stay out of politics, your job is to hype & foment the markets for your criminal cohorts on the NYSE and your hedge fund buddies, which you’re damn good at..
Hilarious! 😂 Blaming the stock market softness on a candidate who hasn’t even been nominated yet.
Why do you guys do Trumpster's bidding? No Tarriffs killing farmers and manufacturing? No general instability and insanity in the White House? (the markets like stabiliyt, no?)
Tesla is up
Liz Warren is a parasite, she will destroy the US economy.
Running on the platform of destroying our retirement accounts?