Natural Pullback? Stock Market Was Overdue, Money Managers Say

admin2018-10-16T13:22:49+00:00October 16th, 2018|

Philadelphia Inquirer — Ouch! That was painful, but overdue. A combination of the U.S.-China trade spat, higher interest rates, lack of earnings announcements, and a hurricane all proved convenient excuses for what is a natural, technical pullback in the stock market Wednesday, said portfolio managers in Philadelphia…Haverford Trust co-chief investment officer Hank Smith quantified the tremendous gains in tech stocks. Click to read article.

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Natural Pullback? Stock Market Was Overdue, Money Managers Say

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