Advertisement

Morning News

Blog > Tony Katz > Morning News > Fox Business' Charles Payne Talks Financial Markets with Tony Katz

Fox Business' Charles Payne Talks Financial Markets with Tony Katz

Is The Latest Market Correction Due to Uncertainty About Trump Investigation?

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:

(Photo Credit Cole Burston/Getty Images) "It is our responsiblity to be responsible," says Tony Katz. "And it is...
(Photo Credit Kevin Winter/Getty Images) Director James Cameron just blasted 'hypergonadal" superhero movies like...
(Photo Credit- @yoalexrapz on twitter) A text book being used in Minnesota has a nasty anti-President Trump bias...
(Photo Credit- Mark Makela/Getty Images) Should Americans across the country be getting worked up with outrage...
(Photo Credit- Gary Hershon/Getty Images) The newest Chick-fil-A in New York City opened last month, marking the...