Ron Insana: The U.S. Market Is Seeing ‘Conflicting Signals, Chaotic Headlines on a Day to Day, If Not, Minute by Minute Basis’
‘No one has gotten any clarity around the end game’
RUSH EXCERPT:
INSANA: “And so a lot of this some of this is actually quite mechanical. And we’re getting the type of volatility in our markets that we’ve not seen for quite some time. If you look across the pond for instance, Europe is up on average about 16% for their major markets. Asian markets are higher. Ours are the ones that are struggling. We’re flat to slightly lower on the year as we bounce around, as you say, 700 points down one day, 400 points up the next, trying to figure out what the end game is. And no one has gotten any clarity around the end game. We’ve just gotten conflicting signals, chaotic headlines on a day to day, if not minute by minute basis.”
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