Hamrick: ‘People at Risk of Overreacting’ as Market Hungers for News
Schwab Network · Schwab Network
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Show Notes
Mark Hamrick of Bankrate describes the “hunger for real information” in the market, creating strong reactions on any tidbit of news. “People are at risk of overreacting,” he adds. He discusses Bankrate surveys of the U.S. consumer and the shift of power away from workers back to corporations. He notes that credit card rates are getting more expensive as well.
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