Apriem’s CIO Warns of Global Slowdown as Dow Plunges 300 Points

After being down by as much as 308.31 points, the Dow Jones Industrial Average settled with a dip of about 200 points amid concerns of cratering gas prices and disappointing data out of China.

Apriem’s Chief Investment Officer, Benjamin Lau, discussed the trend with CNBC. Below is an excerpt of the article:

“The overall trend is definitely weakening,” Lau said. “You’re seeing it in some of the earnings. We’re seeing more anecdotal evidence that the global economy is weakening from the bottom end to the top end.”

The full article can be read here.

2018-11-10T00:24:03+00:00November 10th, 2018|Apriem In The News|