FreeDigitalPhotos.net
This is not surprising in a jobless recovery (if there is such a thing) and on the back of waning consumer confidence. Make sure that you have your investments diversified because common sense tells us that you never want to have all your eggs in the same basket. Rule of thumb is to have at least 10% of your investments held in precious metals. Times are tough and does not look to change for the better anytime soon. Don’t be left in the cold; invest while you still can.
Article below from Bloomberg.com
U.S. Stocks Fall, Extend Weekly Drop, on Spending, Confidence
By Rita Nazareth
Oct. 30 (Bloomberg) -- U.S. stocks fell, extending a second straight weekly drop for the Standard & Poor’s 500 Index, after personal spending dropped for the first time in five months and consumer confidence decreased. The dollar and Treasuries gained, while commodities retreated.
Full article
No comments:
Post a Comment