I love @onepeloton business model but leadership has been making bad decisions. Hoping this is the start of the turnaround story…Let’s go! Peloton names tech exec Barry McCarthy CEO, unveils cost cutting plan @CNBC https://t.co/k5k0LNbONi
Great show today on @CNBCWEX I chatted with @SullyCNBC about portfolio positioning. Focus on quality companies with long-term strength and potential and consider adding asset classes that have low correlation to traditional stocks and bonds.
I’ll be sharing my thoughts on market volatility, the Fed and how to think about positioning portfolios ahead of the first rate hike tomorrow with @SullyCNBC on @CNBCWEX on @CNBC at 5:50am ET.