Crossmark's Fernandez: Volatility is coming, and investors wanted and expected it
Money Life with Chuck Jaffe · Money Life with Chuck Jaffe
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Show Notes
Victoria Fernandez, chief market strategist at Crossmark Global Investments, says that investors were looking for reasons for the market to retreat, and found it this week in coronavirus, but could find it further in missed earnings or other headlines. Those perceived dangers may slow the market's uptrend, but they won't make market conditions move from benign to dangerous on the long term. Also on the show, Jake Falcon of HighTower Advisors warns of the dangers of being sucked into news-driven stocks, like those that could profit from coronavirus or fromrecent tensions in the Middle East, Matt Schulz of CompareCards.com talks about how many consumers ignored warnings and took out high-rate retail-store credit cards during the holiday season, and Ben Cook of Hennessy BP Energy and Hennessy BP Midstream talks energy stocks in the Market Call.