Kingsview Portfolio Manager Speaks About Volatility with Market Watch
Paul Nolte, SVP and Portfolio Manager spoke on today’s market drop with Marketwatch.com.
The pullback in the broader stock market came amid a few blemishes in relatively strong earnings season shows that investors who are skittish about high valuations are taking money off the table while those who are more confident of earnings growth are supporting levels, said Paul Nolte, portfolio manager of Kingsview Asset Management, in an interview.
“The fact that the market has recovered most of the losses from early this morning is healthy and we haven’t really seen it fallen much from its peak,” Nolte said.
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