When a couple of Fed Governors suggest that this administration might stop printing money the markets take a huge tumble. What does that say about the current economic state? Furthermore, the impact of this economy on people’s wallets is being felt in businesses like Walmart as they release their quarterly numbers. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Co. to examine the impact of the Fed Governors who made statements about slowing down the printing of money as well as Walmart’s numbers being an economic indicator for the economy.
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: economic state, economy, ed butowsky, financial advisor, fox business, leading economic indicator, quarterly numbers, walmart, wealth manager