SocGen Says Tech Selloff Is Profit Taking, Not Start of Downtrend - THEMARKETTRENDZ

Post Top Ad

Friday, 4 September 2020

SocGen Says Tech Selloff Is Profit Taking, Not Start of Downtrend



Sep.04 -- Thursday's plunge in equities, which saw the Nasdaq 100 lose 6%, or about $730 billion erased, is more likely to be profit-taking rather than the start of a downtrend, according to Sophie Huynh, multi-asset strategist at Societe Generale. She speaks on "Bloomberg Daybreak: Europe."
View on YouTube

No comments:

Post a comment

Post Bottom Ad