Joel Elconin – Have The Markets Simply Run Out Of Buyers?
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to discuss the weak start to the week for markets. After Jerome Powell’s comments last week, that the markets rallied hard on the back of, we have seen markets correct back to those levels in just a couple days. It looks like the markets simply ran out of buyers. We discuss what data could move markets this month and even if the markets close off the lows of the year what it means for investor mentality heading into next year.