Bloomberg World, Charlie Pellet, Brian Levin discussed on Bloomberg Wall Street Week
Eastern on Sunday, Bryan show. And I'm Charlie Pellet. Bloomberg World. Hank Waters. Technology shares pushed US stocks to a six week low as investors search for new catalyst to give direction to global markets are losing week as well. Three in a row. Yusef Abassi is global market strategist that Stone X Group. You have to listen to what the market is currently telling you, the NASDAQ is poised to have its worst month since December 2018. And who could forget that massive unwind? Sell off? We experienced them. So you have to listen to this market right now. And from where sentiment is lying. We're searching for leadership. Unfortunately, we have found it and Aly Farage, head of macro strategy for North America, State Street, sees Mohr volatility ahead. I think the next 67 weeks out of the election We're going to see much more sideways markets much more volatile. Market evaluations have gone so far that that uncertainty now has to play into it or not so well necessary start selling off aggressively. Because that liquidity is still down. We've got the ultra dovish message from the feds. Don't expect a smooth path up that we've been used to. For the last few months. This is going to get much more followed on. Brian Levin is senior investment strategist at Invesco Advisors. We know that we're in a period of uncertainty here and then that could create some volatility. But the question you really need to ask yourself is Does that change the trajectory of the economy? If you believe that the economy continues to recover, as I do, then the volatility that exists potentially goods in the near term as a result of policy uncertainty is is worth looking through and they create buying opportunities. So the S and P 500 index ended the week with a loss of 6/10 of 1% 3rd declining week in a row. As some pee down 37 down 1.1% the Dow Down 244 down 9/10 of 1%. NASDAQ Down 117 Down 1.1% Global News 24 hours a day on air and on Bloomberg Quick take power by Maur than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet, This is Bloomberg. This is Bluebird Wall Street Week..