The pathway forward for Wall Street and the value of risky assets is becoming more perilous. It is a market that is increasingly sensitive to geopolitical developments, for example the Trump impeachment enquiry begun this week, as well as a litany of other technological and sectoral risks that could prove too much for a sluggish economy and a listless stock market. Take Netflix Inc. (NFLX) the video-streaming service that has been a darling among investors, but lately has seen its shares lose more than 10% in September and turn negative for 2019 as competition in the sector has increased. Read More...
The pathway forward for Wall Street and the value of risky assets is becoming more perilous. It is a market that is increasingly sensitive to geopolitical developments, for example the Trump impeachment enquiry begun this week, as well as a litany of other technological and sectoral risks that could prove too much for a sluggish economy and a listless stock market. Take Netflix Inc. (NFLX) the video-streaming service that has been a darling among investors, but lately has seen its shares lose more than 10% in September and turn negative for 2019 as competition in the sector has increased.
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