Stock Market Outlook: S&P 500 Could Swing 20% on the Way to 4,200
"We think, again, what you're facing is an economic malaise, not a sharp sell-off," Wells Fargo's Chris Harvey told Bloomberg TV.
Source: businessinsider.com
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"We think, again, what you're facing is an economic malaise, not a sharp sell-off," Wells Fargo's Chris Harvey told Bloomberg TV.
US stocks opened lower on Tuesday, as investors digested earnings from Goldman Sachs and Morgan Stanley.
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Both Goldman Sachs and Morgan Stanley noted the more challenging macroeconomic environment, and saw declines in dealmaking.