On the heels of last Monday’s vicious 1,000+ point “dip” and then Wednesday’s subsequent 619-point “rip ” higher, many investors are asking one question – will the stock market rally stick?
According to The Economist, the top 10 highest-valued private equity companies are valued at $156 billion despite having revenue of only $4 billion.
There are a lot of jangled nerves out there, and China is being pilloried for its actions.
Stocks around the world were in the green Monday as Greece agreed to the latest bailout – its third – and the threat of an immediate default and “Grexit” from the Eurozone faded.
President Obama just doomed millions of hardworking Americans to the unemployment line and, at the same time, just made it harder for every retailer – large and small – to turn a profit.
This is the last thing you want to see as an investor as well.
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Management is throwing everything it can at the proverbial wall to see what sticks.
Many “experts” say that they can help you invest like the legendary Warren Buffett.
Most, unfortunately, have no clue how he actually does it.
Are we worried about smaller players in the energy sector “just plain going out of business”? No way!