Closing Bell Exchange: A down year for competitive markets
Joe Heider, president of Cirrus Wealth Management, appears on CNBC “Closing Bell” to weigh in on another market drop and correction. “Big moves in the market come from fear of the unknown, China, and the fear of the Fed raising or not raising interest rates. In reality, the economic data is strong in the US economy. It’s more technical in nature than the fundamental economics of what’s going on in the United States,” he says.