Found 3 article(s) for author 'market volatility'

‘It’s crazy for a president to wrap himself in the stock market’

‘It’s crazy for a president to wrap himself in the stock market. Lawrence Summers, November 8, 2017, Audio, “Larry Summers thinks it’s “crazy” that President Donald Trump spends so much time bragging about how great he’s been for the stock market.  The former Treasury secretary and current Harvard professor argues that Trump, who tweets regularly about new stock market records, is setting himself up for a crushing blow if markets tumble.Link

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Trump Win Would be ‘unsettling’ for Markets

Trump Win Would be ‘unsettling’ for Markets. Lawrence Summers, June 28, 2016, Video. “A Donald Trump presidential victory would be “unsettling” for the markets, said Larry Summers, who served in two Democratic administrations.  Summers, former Clinton administration treasury secretary, told CNBC’s ” Squawk Box ” the nationalistic forces that led to the vote in Britain to leave the European Union make the “the possibility of a Trump victory more real” because his supporters share similar world views.Link

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Fear is the Key in Volatile Markets

Fear is the Key in Volatile Markets. Kenneth Rogoff, March 14, 2016, Opinion. “The phenomenal market volatility of the past year owes much to genuine risks and uncertainties about factors such as Chinese growth, European banks, and the oil glut. For the first two months of this year, many investors were so panicked that even the United States, the world’s most comforting growth story, was about to fall into recession. Indeed, among the experts who participate in the Wall Street Journal’s monthly poll, 21 per cent believed a recession was around the corner.Link

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