Investment analyst fears more stock market 'wobbles' to come

ODN

An investment analyst says there could be "more wobbles on the stock market", until countries decide how they will respond to US President Donald Trump's tariffs. But Dan Coatsworth adds that a slight recovery in Asian and UK stock markets on Tuesday morning "gives a small sense of hope".   Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00I mean today started very well we had upwards movements on the Asian stock

00:07market and then when the UK stock market opens later on they had the same thing

00:11share prices started to move a little bit higher now this is no way clawing

00:16back all of the losses that we've seen over the last just week but little baby

00:23steps really welcomed by investors anyone who's been looking at their

00:28portfolios over the last few days have been worried about what's going on and

00:32rightfully so it's all very alarming to see you know on the headline news people

00:38talking about share prices flashing red so when we see a more stable day like

00:44today it gives a small sense of hope now there's no guarantee that this is going

00:49to be the start of a big recovery but we take each day as it comes and today is

00:54certainly looking a lot more promising unfortunately what's going on in the

00:59world and anything involving negotiations with Donald Trump it's really hard to

01:05predict what's going to happen now we've got lots of countries queuing up to talk

01:10to Donald Trump and his administration try to negotiate those tariffs see if they

01:16can get those tariff rates to come down naturally Donald Trump is going to want

01:20something in return now those negotiations could last for four days for

01:26weeks potentially for months now until we get a clear understanding of exactly how

01:31each country is going to position going forwards unfortunately it does mean we

01:37could see more wobbles on the stock market now don't know whether those are

01:41going to be the same severe levels that we've seen in the last few days but it just

01:48it's an unsettled period and I think anyone who has money invested in the stock

01:53market should be prepared for some ups and downs but that's perfectly natural

01:58you look back in history we've seen plenty of examples of this sort of

02:02behavior before it's all about being calm trying to stay focused and just being

02:08patient

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