Stocks Continue to Creep Lower after French Election
Senior Vice President and Portfolio Manager Paul Nolte comments on the French election and it’s affect on the markets.
“The markets have become ‘comfortably numb’ to almost any news item,” said Paul Nolte of Kingsview Asset Management. “Whether it’s the French election (yawn), the promise of higher interest rates (really!) or that commodity prices are falling hard (again), the markets just keep pushing ever higher ignoring what in the past would be market moving events. The drug of choice might be better-than-expected earnings or the hope of a better overall tax plan.”