Ben Bernanke reversed the decline in interest rates and the markets have been feeling it for two days. Due to the comments made about an end to money printing the last two days have yielded a 500 plus point drop in the DOW. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Co. to examine if the sell off that occurred this week was overreaction to the Fed – too much too fast.
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, ed butowsky, fed chairman, financial advisor, markets on roller coaster, money printing, wealth manager