With the way stocks are headed it appears they’re primed for a possible selloff. The inordinate failure of midsize banks is a caveat for investors who are wondering if US stocks are poised for a comeback or a correction.
A year of poor returns so far this year has left investors with few places to hide across global financial markets, but while portfolios may be down, investors should heed the lessons of the past when thinking about their longer-term financial goals.
By Geoffrey Muns As US stocks and oil prices leaped as investors held breaths for updates from Ukraine and parsed testimony on the Fed’s plans to raise interest rates. The SPX rose 1.9% on 2nd March, a day after the benchmark index fell 1.6%. The Dow gained 596 points or 1.8%, and the technology-focused Nasdaq […]