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The economy has seen nine straight quarters of growth, but the markets are getting a wakeup call as a number of companies are giving negative predictions about their first quarter profits. While earnings season starts this week, major blue chip companies have already cut back their first quarter profit estimates. Is now the right time to invest in this market? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business to explain the claim that right now is not the best time to invest in the stock market.
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: dow, Earnings, economy, financial advisor, money, nasdaq, negative guidance, performance, portfolio, profit estimates, sandp, sharpe ratio, stock market, wealth manager