Dow is Down Around 1,800 Points After Last Two Sessions
Chad Morganlander is a Portfolio Manager at Washington Crossing Advisors. Morganlander joins to discuss what's next for the stock market after the Dow has lost 1800 points over the last two trading sessions.
Morganlander says investors need to keep perspective. When it comes to advice for the average investor, Morganlander does not advise pulling out all of your money. He says you should keep your investments for the companies that do not carry a lot of debt and are trustworthy.
Even though Morganlander said he expected this to happen, the problem is you never know exactly when it is going to happen.
Delta Airlines today reported third-quarter profits that beat expectations, boosting its full-year growth outlook, as the carrier earnings increased about 60% to $1.1 billion.
Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices.
Design and lifestyle company Apartment Therapy has brought back its annual Small/Cool NYC exhibit to showcase some of the biggest interior design trends. Maxwell Ryan, founder of Apartment Therapy, joined Cheddar News to show some of the designs the company has come up with as well as some unique choices for living spaces of any size.
