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All week, the global markets have been waiting to hear any kind of news about a European bailout. The US stock markets have been reacting as if its eminent. It certainly could be in the works considering the Central Bank of various countries posturing to support an intervention, if one was needed. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to discuss what happens if the European countries receive a massive bailout from the world banks and how does that impact the US 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: central banks, european bailout, financial advisor, fox business, markets, money, stock market, stuart varney, wealth manager, world banks