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Posts Tagged ‘Stock Market’

Best Investments for 2010 According to Your Polls

March 1st, 2010

International Stocks

A recent poll on stockweb.com has returned some amaizing but all expected results regarding the best investments for 2010.

The poll asked a simple question ” What are the best investments vehicles for 2010?” and this is how the answeres totaled up:

International Stocks 50%
Energy Commodities 35%
Precious metals 35%
US stocks 28%
Soft commodities 17%
Bonds 14%

According to this numbers there is a feeling of optimism transpiring and validates a solid faith in an economic rebound. However it is interesting to see that 50% of participants indicated International Stocks as their best approach to investing in 2010. It’s interesting because not longer than 5 years ago when I was running a hedge fund, this particular investments were labeled as above normal risk and many investors steered clear of emerging markets such as Brazil and Argentina to name a few. » Read more: Best Investments for 2010 According to Your Polls

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Posted in Finance

Tags: bonds economy Finance investments Stock Market stocks

Down closes below 10,000 first time since November

February 8th, 2010

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The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone’s sovereign debt troubles.

Bank of America shares lost more than 3 percent, while JPMorgan slipped 1.6 percent, and Citigroup shed 2.2 percent.

The S&P financial index dropped 2.2 percent as the KBW bank index dipped 1.5 percent.

Concerns about the fiscal stability of Greece, Portugal and Spain have rattled global markets over the last two weeks, curbing the appetite for riskier assets.
“The market is still being pressured by concerns about Europe, and banks are being pressured more so because of their possible exposure to the sovereign debt issues, specifically that of Greece,” said Frank Pavilonis, senior market strategist at Lind-Waldock in Chicago. » Read more: Down closes below 10,000 first time since November