Big market declines signal 'time to buy' rather than a bottom
The market (^GSPC, ^IXIC, ^DJI) is experiencing significant volatility, with major indexes seeing notable losses, including the Nasdaq seeing its worst day since 2022. Wealth Alliance CEO Rob Conzo joins Market Domination Overtime hosts Josh Lipton and Julie Hyman to discuss the market and share his perspective on the current economic landscape. Conzo acknowledges fragile investor sentiment, particularly with concerns over inflation and broader economic uncertainties. He notes, "It's hard not to feel some of that concern, especially when you see the Michigan Consumer Confidence Survey at its lowest level since April." "When you see big market declines, especially in certain sectors ... that's a time to call out a rebalance," he advises. "Buy some of those shares low and get back into it. So you're not really calling a bottom, but you are signaling a time to buy." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Josh Lynch
