Fox Business' Charles Payne Talks Financial Markets with Tony Katz
This week's sharp losses in equities are a healthy correction and profit-taking, not panic, according to Fox Business Commentator Charles Payne:
It's been a remarkable earnings season; 75% of these [S&P 500 companies] beat [projected earnings], guidance has been extraordinarily strong, and then there's other factors.
Payne told WIBC Morning Host Tony Katz that investors are using uncertainty about President Trump as an opportunity to book profits, but his projections for the long-term outlook of the historic bull market in equities remains strong:
Payne: Everything beneath the surface when you really do the work looks absolutely phenomenal, so I'm actually lickin' my chops right now.
Get the latest market insights from Mr. Payne by clicking on the link for the full interview with Tony below: