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After a busy week for headlines, the financial sectors are finally on the move after a Goldman Sachs report added JP Morgan Chase to its buy list and taking Morgan Stanley off. This headline driven market is difficult for money managers who rely on the headlines everyday. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins CNBC Closing Bell to examine how the markets are moving headline to headline especially with recent downgrades of German and other European Union (EU) countries.
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: closing bell, cnbc, ed butowsky, eu, european union, financial advisor, goldman sachs, jp morgan chase, market, money managers, morgan stanley, wealth manager