Tuchman: One Day Does Not Dictate Markets, Extended Shutdown Can
Schwab Network · Schwab Network
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Show Notes
Peter Tuchman says he's surprised to have not seen a significant pullback recently. However, the Einstein of Wall Street points to money on the sidelines still funneling into stocks as a reason for strength. One day of selling after a strong spree of up days doesn't signal concern to him, though he urges investors to stay on their toes. Peter believes an extended government shutdown can have a 1% impact to GDP — "a big move," according to him. He also remains a table pounder when it comes to A.I.'s future potential.
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