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Nasdaq breakdown leaves observers in disbelief says Meredith Whitney

Posted on 24 August 2013 with no comments from readers

When the technology stock market breaks down that looks a bad omen indeed. The US housing market is already reeling from the impact of higher mortgage rates on new loans.

Meredith Whitney, CEO of Meredith Whitney Advisory Group, talks about yesterday’s shutdown of the Nasdaq Stock Market, regulatory probes of US banks and the outlook for Ben S. Bernanke’s successor at the Federal Reserve. She speaks with Sara Eisen and Michael McKee in Jackson Hole, Wyoming, on Bloomberg Television’s ‘Surveillance’…

Posted on 24 August 2013 Categories: Banking & Finance, Bond Markets, Global Economics, Investment Gurus, US Stocks, Video Channel

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