Slatestone Wealth Partner and Chief Market Strategist Kenny Polcari fills in for Yahoo Finance Executive Editor Brian Sozzi on Sozzi Unleashed to explain why the latest market pullback is a far cry from a repeat of the 1987 Black Monday crash.After the Nasdaq Composite (^IXIC) dropped roughly 4% and the S&P 500 (^GSPC) slid about 2% last week, bargain hunters stepped in to buy the dip. Polcari breaks down why the recent volatility may signal a rotation out of certain sectors rather than a broader market meltdown, and what investors should watch next.
Slatestone Wealth Partner and Chief Market Strategist Kenny Polcari fills in for Yahoo Finance Executive Editor Brian Sozzi on Sozzi Unleashed to explain why the latest market pullback is a far cry from a repeat of the 1987 Black Monday crash.
After the Nasdaq Composite (^IXIC) dropped roughly 4% and the S&P 500 (^GSPC) slid about 2% last week, bargain hunters stepped in to buy the dip. Polcari breaks down why the recent volatility may signal a rotation out of certain sectors rather than a broader market meltdown, and what investors should watch next.