One NYSE Trader Thinks We Will 'Absolutely' See a Stock Market Pullback Very Soon
Brace yourself for a stock market pullback this summer.
Brace yourself for a stock market pullback this summer.
That's the assessment from NYSE trader Peter Costa, president of Empire Executions.
"I think by August we will have already gone through it," he said. "The summer is going to be a little rocky."
He thinks the pullback would be a "measured move lower" rather than a flash crash event, as seen in August 2015 as worries over China's currency reached fever pitch.
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