Mendon Money Advisors president and CIO Anton Schutz weighs in on the present-day market turbulence on ‘Mornings with Maria.’
Mendon Funds Advisors president and CIO Anton Schutz weighed in on recent sector volatility, arguing on Tuesday that what has been taking place is “very similar” to the “dot-com wreck.”
Schutz produced the comparison on “Mornings with Maria” as U.S. stocks fell throughout the board soon after Concentrate on warned second-quarter profits will get a strike as the retailer bargains excessive stock.
The tech-large NASDAQ Composite, which entered a bear industry before this year, has fallen 24% 12 months to date.