Wall Street 'risk off' selling has barely begun: NYSE trader
Yahoo Finance’s Alexis Christoforous is joined by Keith Bliss of Cuttone and Co. to discuss the Trump-Comey crisis. Keith points out that despite stocks and Treasury yields being down significantly on the day the scandal broke, we haven’t yet seen a lot of conviction as evidenced by volume. In other words, a lot of investors are sitting on the sidelines right now riding out the initial firestorm. If they decide to sell as evidence of a felony grows, stocks will trade much lower, and the “safety trade” will ignite.
Source:: https://finance.yahoo.com/video/wall-street-risk-off-selling-174121462.html
