Don’t get your hopes up.
Nicole Webb, financial adviser at Wealth Enhancement Group, sat down with TheStreet to discuss volatility, interest rates, and–of course–earnings season, which kicks off with Citibank C earnings Monday, Jan. 14.
“We are looking at the return of volatility. So looking back over 2017, not just in the most recent 2018, but 2017 did not experience much volatility. Working with the retail consumer has been interesting to transition back into real volatility in the market,” said Webb. “And we do not see that changing in the near term here in 2019. Our biggest goal right now is how do we work with the investor to keep them invested while we are mindful of the backdrop of volatility and its resurgence in the marketplace.”
Macy’s Falls for a Second Day Following Batch of Price Target Reductions
Webb discussed retail earnings after Macy’s M , Kohl’s KSS disappointed the Street with weaker-than-expected outlooks.
RELATED LINKS:
Citigroup to Kick Off Heavy Week of Bank Earnings |
Macy’s Falls for a Second Day Following Batch of Price Target Reductions |
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