Bank CEOs See 10-20% Correction, Gauging Risk-Off Attitude in Tech Sell-Off
Schwab Network · Schwab Network
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Show Notes
Leaders with Goldman Sachs (GS) and Morgan Stanley (MS) see a correction between 10% and 20% in the next one to two years, adding pressure to Tuesday morning's tech sell-off. Kevin Hincks makes the case that investors shouldn't fear due to the A.I. trade showing continuing strength. He also points to gold and Bitcoin's downside action adding to the case for volatility to take charge of markets yet again. As for the government shutdown, Kevin says the pressure's on for Congress to reach an agreement before the holiday season.
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