Kassewitz: World Stage Impacting Local Stocks

Quad City investment adviser Phil Kassewitz says uncertainty in the world left its mark on the markets last week but may do little to local stocks this week.

Kassewitz, who appeared live on “Good Morning Quad Cities”, says the markets reacted negatively to the Malaysian Air disaster over Ukraine but is bouncing back.  He says that’s common after shattering geopolitical or financial news.

He says corporate earnings reports and details on existing and new home sales statistics could leave an impact on the markets in the days ahead.

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