While Congress is trying to sell a huge deal within, the stock market has seen moderate drops in recent days. House Democratic representatives are saying that any short term debt deals will continue to “royal” the debt markets and the stock markets. Neil Cavuto’s guest, on Fox Business, Ed Butowsky, managing partner of Chapwood Investment Management, joins to explain that the markets are not “royaling” because Wall Street is more concerned with the earnings and not what is going on in Washington.
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.
Check out some of our other articles:
- Markets Remain Uncertain As Congress Can’t Make A Deal On Debt
- How to inflation proof your portfolio
- Copper & Silver Surging
- The Debt Deal and You
Tags: congress, crisis, deal, debt, debt markets, democratic, Earnings, markets, money, stock market, wall street, wealth management
