Chris Versace, Chief Investment Officer at Tematica Research, discusses the Dow's 1,000+ point drop, the second in less than a week and the second largest drop ever recorded.
Versace is not concerned about the 10% drop but adds that everyone should be if the market drops another 10%. At that point, we would officially be in bear market territory. He still advises young people who may be skeptical about the drop to stay in the market.
Food inflation affects eating and shopping. Students still get bulk deals, but are people trading down? Debate on price gouging and retailer control persists.
Arc'teryx CEO Stuart Haselden gives an exclusive look inside the outdoor sportswear brand's new NYC flagship store and introduces new MO/GO wearable hiking tech