` Stock Market Plunge

Stock Market Plunge

on Aug 19, 2011 in Fox, Media Center by Ed Butowsky | No Comments »

Stocks and most likely your retirement account got slammed from all sides on Thursday. Inflation up, consumer price up, jobless claims up, construction down, and home sales down. There is very little positive  news going around. One analyst said that if we are not in a recession it sure does feel like one and that is just as bad as it gets. On Thursday the Dow lost 400+ points, while the NASDAQ lost 130+ and S&P lost 50+ points. Ed Butowsky joins Fox 4 News to try to examine what happened on Thursday and how this sell off is the same or different than others.

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.

Check out some of our other articles:

 

 


Tags: , , , , , , , , , , , , ,

Trackbacks/Pingbacks

  1. Are Investors Betting On More Help From Fed? | Ed Butowsky
  2. Gold Heading Towards $2000? | Ed Butowsky

Leave a Reply

About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 25 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225