Brexit, Tariff War Key Risks: Peter Cardillo

Dow drops 300 points as fears of global slowdown persist, Nike falls
March 22, 2019
Buy this market on dips, says Peter Cardillo
March 22, 2019

Brexit, Tariff War Key Risks: Peter Cardillo

Peter Cardillo, Chief Market Economist, Spartan Capital Securities said that the Fed’s decision to hold the line on interest rates was no surprise, but the real surprise was that the Fed shut the door for a year for any possible rate hikes. According to him, that is a big switch in terms of how the Fed was thinking.