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.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Wall Street's Bulls Are Back Following October Selloff · 12 Nov 2018 podcast

And you saw stocks hit that really, really big peak before that first correction happened. voice-verified

So things do really look attractive. voice-verified

And that gets back to some of the trade stuff. voice-verified

I mean, just later this month, you have the G20 meeting. voice-verified

And while that's going to be important for President Trump and for China to get together and have a conversation and trying to resolve that conflict, voice-verified

It's an event like that, depending on just sort of how the news trickles out, you can really see sharp gyrations in the market. voice-verified

There's also going to be additional announcements from the Federal Reserve, and we're going to be waiting to hear how they plan to proceed with 2019 interest rate hikes. voice-verified

That's going to be another point of volatility for the markets. voice-verified

Not to mention, we still have a couple more jobs reports to get through before the end of the year, and those job numbers have really been a market moving factor throughout all of 2018 so far. voice-verified

So, voice-verified

So investors really are bracing for volatility, but the expectation really is amongst the big institutional money managers is that there'll be a slow, gradual grind higher from here. voice-verified

We'll still end the year up higher than where we were at the beginning of the year, but it's going to be this single-digit return. voice-verified

It's not going to be the 15%, 20% return you saw major indexes give off in 2017. voice-verified

WSJ Your Money Briefing · Today's Volatile Market: You Can Run, But You Can't Hide · 1 Nov 2018 podcast

You had a rare situation where

in the last month where bonds and stocks both broke down and really shook this foundational investing principle, which is you have to diversify.

You have to have stocks, bonds.

I mean, the split that most financial advisors would tell a client is 60% equities, 40% bonds.

But if you were allocated that way, which many traditional investors are, you would have seen your portfolio fall more than 3% this past month in October, which is

unheard of.

I mean, you don't see a diversified portfolio like that take that kind of hit unless you have stocks and bonds reacting the way they do.

Showing 921–940 of 1,567 · page 47 of 79