On The Edge - Eddie on Varney & Co.
Автор: Eddie Ghabour
Загружено: 2023-05-03
Просмотров: 1870
Описание:
With the debt ceiling crisis heating up, the tepid response from Washington has seeded a bit of doubt in equity traders. Eddie Ghabour, Co-founder and CEO of KEY Advisors Wealth Management joins Stuart Varney on FOX Business’ Varney & Co. The market has mostly been unphased by the key indicators like the GDP miss of 90 basis point, another bank failure and Credit Default Swaps above 2011 levels when the U.S. debt rating was downgraded.
KEY POV: The cost of capital is not going down and we’re starting to see the effect as liquidity dries up. The realities of our situation will start to impact bullish equity traders, bringing the market to new lows in the late summer.
Stay in touch:
• Visit us at: https://www.keywealthmgmt.com
• Follow us: / keyadvisorsllc
• Follow Eddie: / commonsensebull
• We're on LinkedIn: / key-advisors-group-llc
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