Is the Selling in U.S. Stocks Just Getting Started?

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Aug. 5 (Bloomberg) -- Janney Montgomery Scott's Mark Luschini and Bloomberg View's Barry Ritholtz discuss the outlook for U.S. stocks with Trish Regan on "Street Smart." (Source: Bloomberg)

From the lows we saw earlier in the session are now down 141. is this the start of something bigger in your view?

It could be.

We are right.

-- right -- we are ripe.

I do not think it is the end of the bull market, ultimately.

The principal trigger for this is shifting fed policy and we realize the narrative will take relative to the end of qe as the liftoff comes.

What is the interest rate subsequent to that?

Adjusting to that, coupled with anxiety, geopolitical issues, ukraine and russia and middle east.

What we are seeing is selling beginning selling at the moment.

Not indicative at this moment.

Where does that lead -- leave investors?

Is that leaving a potentially for an opportunity?

Seeing how the rest of the month is playing here?

If you are a traitor, i mentioned earlier, a lot of the traders in maine were flat because they did not want to have to worry about it.

On the other hand, if you are an investor, we have three percent on the highs and people are nervous at the end, that is how you know.

We will be right back with the close.


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