Cohen Resigns - Futures Tank - Did we say VOLATILITY!

March 7, 2018

 

Gary Cohn has resigned as the White House's Chief Economic Advisor leaving President Trump's administration.  Many people have speculated that should Cohn leave that it would have an adverse reaction in the markets.  It appears that they were 100% correct.  At one point this evening the Dow futures were -460 points. One message you hear about often on this blog is market volatility.  Hang on we should see some tomorrow.

 

Cohn was President Goldman Sachs and a staunch advocate of free trade - let the market set the price - and he was diametrically opposed to the stiff tariffs on steel and aluminum imports that President Trump recently announced.

 

 

Share on Facebook
Share on Twitter
Please reload

Recent Posts

January 20, 2019

December 23, 2018

September 13, 2018

September 1, 2018

August 21, 2018

Please reload

Archive
Please reload

​© 2018 Optik Options