“Corrections normally can take weeks to develop, and this clearly developed in a few days,” said Brett F. Ewing on heels of Dow 1,000 point drop
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Ewing Interviewed By Fred Katayama
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Chief Market Strategist Brett Ewing of First Franklin said he believes “tax reform may have been the carrot that the market has been chasing on its way up, but a sell-the-news event could occur and a pullback could happen when the bill is actually signed.”
Brett Ewing, chief market strategist, First Franklin Financial Services, discusses tax reform, the impact it has had on asset classes, and whether Trump can claim credit for the market rally.
“Whatever the number is will be shrugged off and given a pass because of the effects from the hurricanes, with a possible exception being on the upside if we get a big number despite the storms,” said Chief Market Strategist Brett Ewing of First Franklin.
Brett Ewing live in the NYC Bloomberg studio with Carol Massar and Cory Johnson