Steepest Fall in Global Stocks in 6 Months
Paul Nolte, SVP, Discusses the Fall in Global Markets.
“I would anticipate that the markets flatten out and start to rise a little bit maybe midday today, as we finish digesting the news,” said Paul Nolte, portfolio manager at Kingsview Asset Management, LLC in Chicago, Illinois.
“I’m not concerned, just yet, that we’re on the cusp of a major breakdown in the market. From a very short term perspective this is a very good buying opportunity.”