As always, President Donald Trump was watching. After a week in which rising trade tensions erased $2 trillion from global stocks, his morning tweets struck a combative tone. “So much Fake News,” read one. Said another: “The economy is looking really good,” and, “The underlying strength of companies has perhaps never been better.”
After the close, two words: “Great news!"
“It takes a long time, but training yourself and clients to love volatility and see it as a necessary and helpful thing to long term wealth creation is my focus,” said Greg Dean, a fund manager who oversees $3 billion at Cambridge Global Asset Management in Toronto. “I try to get better at those things each day. It’s a process.”
This article was provided by Bloomberg News.