Last week could not have gone much worse for the stock market. As a shooting war broke out in Ukraine, the price of oil topped $100 a barrel while the price of gold approached its all-time high price near $2,000 an ounce. All of that adds up to more inflationary pressure in the months to come. Higher energy prices have a deleterious impact on most sectors of the economy. That is why all of the major stock indices have taken a beating so far this year. Read this article: Russia-Ukraine: Weathering the Storm However, there is a silver lining to the dark clouds gathering over Wall Street. Some solid businesses are being sold off along with the rest of the stock market. That lack of rationality creates an opportunity to acquire some good names on the cheap. Want to find out more? Click here to finish reading... |
没有评论:
发表评论