Wall Street's Sell-Off Leaves Investors Running For Cover
- 5 years ago
Business Insider reports the stock market's sell-off have left investors no place to hide.
That's according to Wells Fargo equity derivatives strategist Pravit Chintawongvanich.
In the initial selloff, materials/industrials did the worst.
In the second selloff, energy & tech/FANG did the worst. And in the third, financials did the worst.
The sell-off has been fueled by the US-China trade war, rising interest rates, and concerns about slowing global growth.
That's according to Wells Fargo equity derivatives strategist Pravit Chintawongvanich.
In the initial selloff, materials/industrials did the worst.
In the second selloff, energy & tech/FANG did the worst. And in the third, financials did the worst.
The sell-off has been fueled by the US-China trade war, rising interest rates, and concerns about slowing global growth.