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Payne's Perspective: May 28, 2019: High Anxiety

5/28/2019
By Charles Payne, CEO & Principal Analyst

I’m sure most of you don’t remember the Mel Brooks classic “High Anxiety,” a spoof of one of Alfred Hitchcock’s movies. Last week, Wall Street lived it. The chorus of investors was singing “you win,” as the market continued to pull back. There are more unanswered questions to consider, including issues such as the China trade, the Federal Reserve, and the U.S. economic growth. In the span of three weeks, conventional wisdom has been turned on its head; consequently, the 2019 rally. 

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Charles Payne
Wall Street Strategies


 

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