Lots to worry about, but the market loves a good wall of worry
By Nancy Tengler, CEO and Chief Investment Officer
The Rolling Stones were not the first band to record “Time Is On My Side.” It was actually first recorded by trombonist Kai Winding and his orchestra in 1963 (go figure). But the Stones knew a good song when they heard one and recorded it in their own inimitable style (ex the trombone) in 1964.
You’re searching for good times, but just wait and see, you’ll come running back to me. Read More
Stocks closed at session lows Thursday, with the major indexes falling slightly for the shortened trading week. The S&P 500 fell 2.1% for the week, the Dow Jones Industrial Average fell 0.8%, and the tech-heavy Nasdaq fell 2.6%. Investors continue to keep a close eye on inflation data, as well as earnings. Nancy Tengler, CEO & Chief investment Officer at Laffer Tengler Investments, joins “Closing Bell” to discuss today’s close, inflation, how the Fed will handle rising prices, earnings, and more.Read More