World Markets
May 8, 2010 in Investing by Brad T. Simms
Concerns continue to mount in this uncertain time for the EU. Many government financial leaders from across the world are putting pressure on EU leaders to have this resolved fast. The plan from EU leaders is to have a plan before the Asian markets open on Monday. This might be a temporary relief for the markets. And when I mean temporary I mean like a day or two. Some fear the DOW could hit 9,000 before it could hit 11,000 again. This would erase huge amounts of wealth in the world. Stay on the sidelines. Once this is over there will be plenty of great value deals all around. Fundamentals are still great for US Stocks and should stay that way.
