Profit Taking On NASDAQ A Healthy Correction

Brian Arcese, Portfolio Manager & Equity Analyst, Foord Asset Management

18-Aug-23 07:00

Profit Taking On NASDAQ A Healthy Correction

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US markets have dropped for 3 consecutive days, even with the quarter earnings reports beating most street estimates. Are investors cashing out from the US markets, sensibly taking profits? We speak with Brian Arcese, Portfolio Manager & Equity Analyst, Foord Asset Management on the blip in the US markets and whether it is just a healthy correction, and will rebound for the rest of 2023?

Image by: Shutterstock

Produced by: Mike Gong

Presented by: Shazana Mokhtar, Mark Tan, Philip See

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Categories: markets, international, technology

Tags: us markets, vinfast, nasdaq, us banks,

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