NEW YORK (Reuters) – Wall Street’s advice to investors battered by plunging markets: Keep buying stocks.
With markets plunging for more than a week, and no relief in sight, some of the biggest brokerages on Thursday afternoon and early on Friday told their advisers that clients should not flee but instead buy into the panic.
The year is 2015, and it’s late in the month of June. Central bank policymakers have been meeting for two days. Now it’s late in the afternoon of that second day, and Bernanke’s traditional press conference is set to start at any moment. Investors the world over have stopped everything to hear what the U.S Fed leader has to say.
Bernanke is still not the longest-serving Fed chairman: With only nine years under his belt, he has a decade to go before he’d have more service time than predecessor Alan Greenspan, or the legendary William McChesney Martin.
Khalid Al Boom Executive Director of Dubai FDI, said: “expanding partnerships with investment promotion bodies across public and private sectors have helped Dubai FDI to offer strategic leads and advice to investors.”
“Dubai has substantially increased its capabilities in enabling business growth and integrating global supply chains. For businesses looking for new opportunities Dubai offers the best infrastructure, a friendly environment and the most convenient access to strategic growth markets, especially those in the Middle East, North Africa and South Asia (MENASA),” said Al Boom.
When career-networking site LinkedIn Corp. (NYSE: LNKD) started its first day of trading May 19, its shares zoomed 109% from its initial public offering (IPO) price of $45 a share to close at $94.25, and reached a market value of $9 billion – fueling rumors that we’re in the middle of a new tech bubble. And many investors are eagerly awaiting another batch of Internet IPOs. Social networking sites Facebook Inc. and Twitter Inc. and gaming site Zynga Game Network Inc. are all thought to be hitting the market this year.
Some analysts say these companies have uncertain profit potential….
Why Trade the News
The simple answer to that question is “To make more money!”
But in all seriousness, trading the news gives us another opportunity to trade the forex market. As we learned in the previous section, news is a very important part to the market because it’s what makes it move!
When news comes out, especially important news that everyone is watching, you can expect to see some major movement. Your goal as a trader is to get on the right side of the move, but the fact that you know the market will indeed move somewhere makes it an opportunity definitely worth looking at.
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Learn about a strategy used in trading forex where the profits come from tiny shifts in the prices. They are normally very short-term strategies and in less than seconds you will be able to make money.
New Zealand’s government has offered to buy thousands of properties in areas in Christchurch, the country’s second largest city, because of the damage done by recent earthquakes. The government has set up a website, www.landcheck.org.nz, to help property owners work out which zone they are in.
The BRIC (Brazil, Russia, India, and China) countries are the world’s largest emerging economies advancing into the next generation with fast and rapid growth momentum. These countries likely to overtake the US economy and would make up 22 percent of the global economy by 2015. However, the property markets in the BRIC countries are still within reach and expected to flourish in the next 10-15 years. The time may be just right for global real estate investors to make some money investing in these countries.
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