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Why a market veteran thinks Wall Street is letting fear overtake rational investing
Zachary Karabell is concerned there's too much fear on Wall Street, based on one particular question from his clients. "It’s ‘why aren’t the markets going down because there is so much negative news,'" the River Twice Capital president told CNBC's " Trading Nation " on Friday. "I’m sure many people obviously disagree, [but] that there is more fear in words rather than fear based on actions," Karabell said.
https://finance.yahoo.com/m/d7c374a...30/why-a-market-veteran-thinks.html?.tsrc=rss
Zachary Karabell is concerned there's too much fear on Wall Street, based on one particular question from his clients. "It’s ‘why aren’t the markets going down because there is so much negative news,'" the River Twice Capital president told CNBC's " Trading Nation " on Friday. "I’m sure many people obviously disagree, [but] that there is more fear in words rather than fear based on actions," Karabell said.
https://finance.yahoo.com/m/d7c374a...30/why-a-market-veteran-thinks.html?.tsrc=rss
