Sven Carlin, author at Seeking Alpha, discusses the market volatility we've seen over the last several weeks and whether now is a good time to buy.
Carlin says that any investments should be looked at from a risk/reward perspective, adding that there is too much risk right now to buy. He discusses comments from American investor Ray Dalio who said that there is a 70% chance of a recession in the next two years. Carlin says those who have made a lot of money from the markets recently should sit on that cash until things settle down.
He recommends that people invest in commodities, hard assets, and cash for the time being.
PLUS: American Eagle marks 30 NYSE years with a record stock high. CMO Craig Brommers discusses Gen-Z trends and collabs with Coco Gauff and Trevor Lawrence.
The Verge's Emma Roth joins Cheddar to discuss the iPhone 16, Apple Watch upgrades, all things Airpods and Apple Intelligence. But is it worth the hype? Watch!
The U.S. added 142,000 jobs in August, below expectations. The unemployment rate fell to 4.2%. The cooling job market raises chances for an interest rate cut.
