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High volatility keeps stocks on edge?5 strategists on what's next for the market


Treasury
Harris Associates
The European Central Bank
Nuveen
Fed
Allianz Global Investors
Doshi
Citigroup
OECD
Organization for Economic Cooperation and Development
UBS
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David Herro
R. Burns McKinney
Art Cashin


Sumerians

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U.S.
New Zealand
India
Thailand
China
Beijing
Washington
Australia
Canada

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Positivity     39.00%   
   Negativity   61.00%
The New York Times
SOURCE: https://www.cnbc.com/2019/08/07/high-volatility-keeps-stocks-on-edge5-strategists-on-what-comes-next.html
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Summary

Keep Me Logged InMarket sentiment is in a flutter.U.S. stocks plunged and then rebounded Wednesday after central banks in New Zealand, India and Thailand cut interest rates amid continued uncertainty over the U.S. trade war with China.Tensions between Beijing and Washington have been escalating this week, signaling high risks of volatility in the market. As trade fears intensify, investors are trading stocks for safer assets like gold and Treasury yields.With concerns a global economic slowdown is approaching and no trade deal in sight, experts worry there will be more pain in the market.Here's what five experts are watching now:David Herro, chief investment officer and partner at Harris Associates, said market volatility is something investors have to be ready for. "I think the reason that the attention that we're paying is more to the bond market than the equity market at this point, is because the central bankers have gotten out in front, a bit. Places like, for example, the defense sector is one place that investors might look, where you do have that stability, but they haven't been bid up to the same degree that consumer staples or even utilities have."Aakash Doshi, commodities analyst at Citigroup, is bullish on gold and thinks the gold market will only keep rising. Just one more point on the central bank side globally, it's not just that central banks are cutting rates in this environment, but it's also the fact that the central banks are buying record amounts of gold. "We had central banks begin to cut a bit more aggressively than people thought, particularly the New Zealand bank and they began talking about rates possibly going ultimately negative.

As said here by Araceli Crescencio