Quote of the Day: EXACTLY!

Institutional investor hall of famer Richard Bernstein, in a CNBC  interview this morning, perfectly echoes what we've been preaching here on the blog:

""The fundamentals really don't argue for a bear market," the Richard Bernstein Advisors CEO said Monday on CNBC's "Trading Nation." "In fact, I would even argue the fundamentals don't argue for the correction that we're seeing."

So, what's the problem?

Bernstein is blaming Washington policies. He named uncertainty surrounding China tariffs as a major factor contributing to the market volatility."