'Too much complacency' could make the next market downturn feel worse than it really is

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'Too much complacency' could make the next market downturn feel worse than it really is (via TradingNation)

BTIG's Julian Emanuel believes the market is vulnerable to a pullback, but his outlook isn't all doom and gloom.

According to Emanuel, there's "too much complacency" among investors right now, and that could make the next retreat feel worse than it really is. That appeared to be evident when the major indexes sold off early Monday on renewed jitters that a resolution to the U.S.-China trade war was in jeopardy. However, the market staged a strong comeback and were well off the lows by the market close.

"We do think that cutting will be part of the calculus that moves stocks higher in the second half of the year," he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation Trump does those gambling types of announcements to cover up the truth about economy..most of the workers became drivers to IT companies as Uber, lift and many delivery 📦 companies..they drive to make living until their car beak down. It’s why 7 millions behind on car payments!!

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival. Good That is why US is kidnapping the CEO’s daughter in Canada! Patriotic Kidnapping Marketing
Source: Forbes - 🏆 394. / 53 Read more »

Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival. can't wait! power of human sea market... Can_Libertarian
Source: Forbes - 🏆 394. / 53 Read more »

Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival. Not surprising at all forbes. The utility curve for smart phones is flattening and Huawei is better positioned to win the ensuing price war. meninodeoro HSS LRAD WAR: Completely sleep deprived by surrounding Huawei neighbors using LRAD Apple loses it's Market Share in China. Samsung Sony LGUS MotorolaUS ASUS.. start to yawn. POTUS FBI NRA UN_Women UN_PGA Refugees OSCE INTERPOL_HQ MIT Yale
Source: Forbes - 🏆 394. / 53 Read more »

Alphabet had $74 billion in market cap wiped out, and it's blaming YouTubeAlphabet blamed declined engagement on YouTube for a sharp decline in ad revenue growth. mr_jettlife lol youtube sjnews MurrellDan RothCornet BKactualPodcast I hope it has nothing to do with censoring accounts and deleting them etc. because they don't agree w/ Goog wokeness.
Source: CNBC - 🏆 12. / 72 Read more »