David Nelson of Belpointe Asset Management discusses plummeting markets

World Today

Stocks plunged in the U.S. and Europe, Monday and the decline rippled into Tuesday with stocks at their lowest levels in months in South Asia. In Europe, markets dropped before recovering just a little. In the U.S., with stocks on the Dow Jones Indexes, Standard & Poor’s 500 index, and Nasdaq have dropped also.

David Nelson of Belpointe Asset Management discusses plummeting markets

Stocks plunged in the U.S. and Europe, Monday and the decline rippled into Tuesday with stocks at their lowest levels in months in South Asia. In Europe, markets dropped before recovering just a little. In the U.S., with stocks on the Dow Jones Indexes, Standard & Poor’s 500 index, and Nasdaq have dropped also.

CCTV America’s Ritu Dixit interviewed David Nelson the chief strategist at Belpointe Asset Management about the drop.

Nelson discussed whether oil prices and uncertainty in Greece are responsible for the recent drops and what effect the dips will have on global economies. He also offered advice to those who steered clear of investments due to the currently volatility.