
US Economy Careens Between Glee and Gloom
Bloomberg Businessweek
00:00
What's Going on in the Market?
Walter todd is the president and chief investment officer at greenwood capital associates. Greenwood capital is a registered investment adviser with about one point four billion dollars in assets under management. Walter, how are you doing good? I pe aser. Well yet, we're doing pretty well. Ma expense ive. To day's trade, the s and b 500 down four tenths of one % right now. We saw stocks move off their loas when we heard comments from waller earlier to day that it was more likely 75 basis points rather 100 basis points. But still, they open much lower, more than two % to the downside for the s and p 500.
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