The collapse of commodity markets worldwide is causing panic selling in the stock markets globally. This is NOT similar to the financial crisis of 2008-09, however it is highly significant. The advice of most financial experts is to adjust portfolios now to conserve capital, but not to make drastic decisions as the market is in an oversold condition and normalcy will return in 6 months. The DOW today gyrated over 450pts, and S & P broke below the psychologically important 2,000 barrier. HOLD TIGHT IN A VOLATILE MARKET
Posted on: Wed, 14 Jan 2015 22:00:34 +0000
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