You're watching...

Which Way Will Markets Head After Labor Day?

Details

  • Description

    Keith Fitz-Gerald of Money Map Press argues the markets may move in the aftermath of the conventions.

  • Duration 2:07
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Maybe that will change the very low trading volume not much price move without that could we get some real movement.

Half the Labor Day when the election comes -- to shop -- focus joining us from Portland Oregon Keith FitzGerald with money map press.

Rocky I know that the big -- for the market's going to be whether or not bend prints money all whether Mario Draghi prints money in your -- I got that.

But I think politics is coming -- to -- -- focus and if one of these two candidates makes a break out after the Labor Day in the polls.

I think that could move the market what do you -- I agree a 100% Stuart I think it's very -- because.

That's the key -- breakout speech.

If Romney takes -- states tonight really engages America steps up wraps up all of the things we've heard so far from people like Condoleezza Rice.

And his is psychic Bryant I think that's going to energize the market.

People forget that -- five year lows in terms of volume they're looking for something to get behind in if that happens the market I believe will.

Will very realistically generate that Romney rally yes so -- is so if if Mitt Mitt Romney looks.

-- in the polls.

Looks like he's going to win.

That means a stocks go up -- what happens if the reverse is true that President Obama looks like he gets a second -- -- is there a sell off.

You know I think that that's initially questioned -- struggling with that if the Democrats -- take -- decisive lead.

I would be very hesitant and very cautious buying anything in this market right now all right let's move on to money printing.

Looks like an American value judgment that Mario Draghi is gonna come out with a plan to print a ton of euros and that Ben Bernanke.

He may well print -- dollars as well I'm not sure about nobody could be.

If that happens lots of money printing this market really takes off does it.

I think that's accurate because Super Mario and helicopter Ben are gonna wanna do something together they're gonna want to do something big they're gonna have to do something -- Whether or not the market -- that on anything other than a short term basis is the question of the day I think that's why the Dow is around thirteen thousand and small change -- thing that's where we now.

A Keith FitzGerald always a pleasure thanks very much -- --