CNBC: “Why the stock market is up amid chaos in the streets”By admin_45 in IN THE NEWS
Excerpt from CNBC quoting DataTrek's Nick Colas:
“There are many valid reasons to be bearish on risk assets like stocks or corporate debt just now, but history shows markets look through many sorts of tumultuous events and have done so for decades,” said Nicholas Colas, co-founder of DataTrek Research. “That may seem counterintuitive, and perhaps not even ‘fair,’ but it’s absolutely true.”
Read the full article here on CNBC!