Michael Wursthorn
speaker
1,567 appearances
29 recordings
1 series
first heard Jul 2017
last heard Nov 2021
Michael Wursthorn’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
That's still there.
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It's just in the back of their head for the moment.
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Yeah.
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And that's what's, I guess, not so surprising about this is that you tend to see sort of similar moves up when you see a harsh move down.
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And we're trying to figure this out now in a lot of ways is are stocks rebounding too quickly?
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Because if they are rebounding too quickly, we can have a situation that's not all that different from, say, last January when we had a
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Very different situation, but a phenomenal rise followed by a phenomenal fall.
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And the question is that if you have a tweet about additional trade tariffs, if you have any sort of political uncertainty that could point to a massive change in how Washington, D.C.
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operates right now, you could just see all that volatility come right back into the market.
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And investors are very aware of that.
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As much as that they enjoy what they're seeing, they are very aware that this all can change immediately.
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It's almost as if you're seeing the market still trying to figure out what direction it really wants to go.
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And what's most interesting is that between Thursday and Friday, the news that moved markets were sort of
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in ways very related.
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I mean, Thursday, you had obviously fears about Apple and what that might mean for other companies in terms of whether or not profits may be coming in lower than expected, whether or not earnings and things like this trade war that are going on are going to have a bigger impact than analysts have in pricing into the market.
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But on Friday...
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You know, you had this great jobs report that painted a very strong economy, very robust economy, really strong growth, followed up by Federal Reserve Chairman Jerome Powell's comments signaling that he's willing to take the break off the gas if it seems like interest rates are where they need to be right now.
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And for investors, it's not a whole lot of certainty going forward, but it's a better picture than what they've been seeing for the last several weeks.
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They're looking for any sort of hint, any sort of indication as to whether or not those interest rates are going to really go higher.
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And you're seeing the market's already pricing and that there aren't going to be any rate increases this year.
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Showing 761–780 of 1,567 · page 39 of 79
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