Last week initial jobless claims rose from 28k to 326k – a huge increase. At the same time analysts examine and raise their hands in the air as to what to do with healthcare companies, but what analysts are worrying about is a potential market sell off and the shock waves it will send through pension programs around the country. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business Varney & Co to discuss how analysts are viewing the markets as they pertain to possible sell offs and health care companies a midst the rising jobless claims.
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.
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Tags: chapwood investments, ed butowsky, financial advisor, fox business, jobless claims, market sell off, wealth manager
