Friday, September 18, 2020

Markets face two threats - Overvaluation and potential second Covid-19 threat: Johnson

 Here is the link. 

University of Michigan posted strong consumer sentiment index for the month of September as well as positive developments in economic developments. But there might still be threats to the market if Congress doesn't pass a second stimulus package. Hugh Johnson, chairman and chief investment officer, and Blerina Hysi, fixed income trading manager at Buckingham Strategic Wealth, join 'The Exchange' to talk about potential threats in the market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

16% overvalue for whole market - selloff - keep going to the moon

Get down level by more comfortable to buy stocks

Do not feel comfortable to buy stocks - at least 10% down

Slow recovery - inflation -


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