Market Slump a 'Healthy Correction,' Says Robinhood CIO
US stocks slipped on Tuesday, leaving the S&P 500 Index on track for its longest slide since August. Topping the list of worries are AI valuations and whether the Federal...
By Bloomberg Markets · Bloomberg Markets
US stocks slipped on Tuesday, leaving the S&P 500 Index on track for its longest slide since August. Topping the list of worries are AI valuations and whether the Federal Reserve will cut interest rates next month. However, Robinhood Markets Chief Investment Officer Stephanie Guild believes this is just a 'healthy correction' coming off a period of no data and high valuations. She joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down. (Source: Bloomberg)