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Why it’s 'incredibly treacherous' to trade right now
The market is just too dangerous to trade amid the political stalemate in Washington, analysts told CNBC. "We go up, we go down, there's absolutely no continuity one way or the other and it's very difficult to make any sort of positional bets because every single hour we change sentiment based on what the new headline is," said Boris Schlossberg, managing director of BK Asset Management, on CNBC Asia's Squawk Box. "The only take-away [from the news] is that it's incredibly treacherous to trade right now," he added. Stocks on Wall Street closed higher Thursday, while the U.S. dollar index rose to a two-week high on ... (full story)
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- jaygee
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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