This Is Why Investors Are Shrugging Off the North Korea Threat
Investors dismiss the North Korea threat.
After three-days of declines last week, the stock market was poised for sharp gains on Monday, as investors dismissed the looming nuclear threat from North Korea.
Sameer Samana, global quantitative strategist at Wells Fargo Investment Institute, said investors are focused on fundamentals like global growth and low inflation.
Watch More with TheStreet:
- Apple, Microsoft and Cisco Are Holding Almost $500 Billion Overseas
- 5 Brands Cashing In On The Solar Eclipse
- Confused by Bitcoin? Check Out These Insane Cryptocurrency Mining Rigs on Instagram
- Credit Card Debt Hits a New High, But Retailers Like J.C. Penney Are Still Down in the Dumps