Anton Schutz on Fox Business

Former White House acting chief of staff Mick Mulvaney and Mendon Capital Advisors President and CIO Anton Schutz warn of lending and real estate volatility to come. Watch the interview here.

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Definitions

  • Basis Point (bps): A unit that is equal to 1/100th of 1% and is used to denote the change in a financial instrument.
  • The personal consumption expenditures (PCE) price index measures inflation by measuring the price changes of consumer goods and services.
  • The Nasdaq Composite index is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States.
  • The S&P 500 Index is widely regarded as the best single gauge of the U.S. equities market. The index includes a representative sample of 500 leading companies in leading industries of the U.S. economy.
  • The Dow Jones Industrial Average (DJIA) Index is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.