Worries around Wall Street record series

Worries around Wall Street record series

World August 23, 2018 05:16

amsterdam - Towards the all time high of the S \u0026 amp; P500 index this week corks from champagne bottles popped up on Wall Street. The investment indicator held the 'bull market' with 3453 profit days in a row in the arena since Tuesday. There is more to it, say market researchers. Already grow worries.

'We're only in the fifth inning of the game', says Byron Wien, the 86-year-old investment veteran of asset manager Blackstone the baseball equation.

The S \u0026 amp; P 500 index, which this week just under the record of 2872.87 points remained and Wednesday stopped at 2861.82 points, the last four innings around the end of this year to 3000 points may rise, thinks Wien. This growth is driven by corporate profits and support from the Trump cabinet.

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