US Markets Are Being Driven From Headline To Headline
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After a busy week with election fundraising and Supreme Court decisions Financials are among the sectors on the move this week after a Goldman Sachs report added JP Morgan Chase to its conviction buy list by taking Morgan Stanley off. Moreover this is a very headline driven market right now which is surely difficult for money managers to make any money right now because in order to make money you have to know what the headline is going to be on any given day. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins CNBC Closing Bell to examine how the markets are moving headline to headline especially with recent downgrades of German and other European Union (EU) countries.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.