Pls watch the front part of the interview.
Host: "What's the likelihood of a 2H sell off"
Kristina Hooper: "I think it's less than 50%, but I wouldn't be surprised to see a significant sell off in the 2H"
Host: "Exactly how steep do you think, can we quantify it some way?"
Kristina Hooper: "I think we could see another about 10% sell off, and it could happen relatively quickly, or it could be a bit more gradual this time"
THIS is exactly what TTI always rants about.
Hello lady, if u are investing your own money, there's no instrument that huats when the "less than 50% sell off" doesn't materialize, and also huats "when the not so surprising sell off" comes too.
I hear a lot of words coming out from her mouth, all of which are useless.
I wish my job is this easy.
Patient: "Doc! What's the likelihood my cancer spreads?"
TTI :"I think it's less than 50%, but I wouldn't be surprised to see a significant metastasis in the next month"
Patient :" Shit! Exactly how long will I live?"
TTI: "I think the cancer cells could spread relatively quickly and you'd be dead in 1 week, or it could also be a bit more gradual this time and you could be still alive in 10 years."
And you wonder why I'm never wrong.
Not even strong earnings can prevent a 10 percent plunge, top Invesco market watcher warns
Invesco's Kristina Hooper believes Wall Street should brace for trouble.