Gregory Zuckerman
Appearances
WSJ What’s News
How a Secret Mortgage Blacklist Is Making It Hard for Condo Owners to Sell
Yeah, so hedge funds, they control a lot of money, but they also have a lot of influence. And it's largely because not only do they manage a lot of money, but they borrow a lot of money. So when they head for the exits, then it affects the broader market, but it especially has an impact on specific stocks.
WSJ What’s News
How a Secret Mortgage Blacklist Is Making It Hard for Condo Owners to Sell
Everything from Apple to Alibaba, a lot of high-tech names, the momentum names, as we call them.
WSJ What’s News
How a Secret Mortgage Blacklist Is Making It Hard for Condo Owners to Sell
Well, the odds are going up. And you see that in the economic figures, consumer confidence, for example. You see that in slowing retail sales and such. But you also see in the markets. The market is charged with anticipating the future. They often get it wrong. But the market is sending a message that we should be nervous about the outlook for the future of the economy.
WSJ What’s News
How a Secret Mortgage Blacklist Is Making It Hard for Condo Owners to Sell
You want to look at the Federal Reserve, but even more importantly, it's all about Donald Trump. And what's really difficult for traders today is to get into his mind and to understand how serious he is about tariffs. Donald Trump has not signaled that he's going to use these as tools, per se. He seems to be more comfortable with an all-out trade war, and that gets to the nervousness out there.
WSJ What’s News
How a Secret Mortgage Blacklist Is Making It Hard for Condo Owners to Sell
Oh, great being here.