Morning. And ready for takeoff . Were asking you, loyal viewer, if the time is right to get back in the air it is thursday, october 15th, and this is worldwide exchangeexchange exchangexchange good morning, good afternoon or good evening, everybody and welcome from wherever in the world that you may be watching im Brian Sullivan it could be a rough day for the markets. Dow off nearly 300 now, lack of stimulus from d. C. And concern about new lockdowns in europe will probably get most of the headlines, but weve nine th known that for a while and this could also be hitting sentiment right now. The Financial Times reporting that france and netherlands seem to be on board with a possible plan to go after big u. S. Tech companies, a leaked paper suggesting that an effort to break up some of the big names is, quote, on the table. Look at those losses in europe, apple down 3 , facebook off 2 and amazon down 2. 5 and here the dow shedding another 160 plus points and on track to snap a two week
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Investors have a lot to digest these days trying to navigate recession fears, interest rate hikes, inflation, consumer strength, and corporate earnings.
Two opposing forces appear to be dominating the market currently, with investors polarized between recession fears and bargain hunting following this year’s large equity selloff.