Skip to content

Markets Plunging Yesterday With 2-3%

…which is normal I guess, when the US consumer confidence index, the largest market in the world, plunges with 10 points in one session. Compounded with the worries regarding the Greek exposure of the European banks, this also drove down the most important EU indexes (FTSE100, DAX etc).

How long will this decrease last is the question and our opinion is that the feeling of disappointment will last for several weeks. However, the fundamentals in the economies have not changed, just the pace of the surprises. So investing in shares should be viable after these corrections, provided you choose the right sector and the perfect timing…

Leave a Reply

Your email address will not be published. Required fields are marked *