‘Buying the Dip’ Worked Well in Recent Weeks, but Wall Street Is Cautious for a Reason | News Channel 3-12

‘Buying the dip’ worked well in recent weeks, but Wall Street is cautious for a reason | News Channel 3-12

By John Towfighi, CNN New York (CNN) — A divergence is taking hold in markets: While Wall Street is sending money abroad, Main Street is leaning in to America, doubling down on a “buy-the-dip” strategy that has, for now, paid off. Wall Street heavyweights continue to warn that the trade war could hurt the economy, posing a threat to markets. A Bank of America survey in April showed the largest number of global fund managers on record intending t…

Uncertainty: Wall Street vs Main Street - Nemos News Network

By Peter Tchir of Academy Securities Memorial Day We hope you are all enjoying the Memorial Day long weekend! We could all use a nice long weekend after the past few months, which have been quite intense on the news, policy, geopolitical, and market fronts. Today is meant to honor members of the military who were killed in service. I am thankful for all that the military does, and have been incredibly lucky to be part of the growth of Academy Se…