With the Dow Jones off by more than 350+ points in one day, which is the worst day of the year for the market. The decline was around 2.3%. To some analysts the sell off was fueled by Fed Chairman Ben Bernanke’s prediction that the stimulus program could end next year. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins North Texas very own Fox 4 News to discuss how investors should react to this weeks economic news by Fed Chairman, but most importantly do not panic.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: ben bernanke, dow jones, ed butowsky, fed chairman, financial advisor, fox 4 news, market, stimulus program, wealth manager