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Someone had to say it!! It was the night of round number failure...Dow hit 16,000,NASDAQ hit 4000,S&P hit 1800 and all backed off after hawkish comments from...
Someone had to say it!! It was the night of round number failure...Dow hit 16,000,NASDAQ hit 4000,S&P hit 1800 and all backed off after hawkish comments from one of the Fed talking heads and the legend that is iCahn dared to suggest on TV that things were getting a little out of control..well someone had to say it...anyway it was enough to knock the market off its highs and take some of the heat out of the market which is trading at 17 times earnings..somewhat above the average 14 times.Read more at (VIEW LINK)
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Henry started in financial markets in London in the 80s as an option trader before coming to Sydney and spending 7 years at Macquarie Bank including a stint running equity derivatives and cash trading.
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