Thursday, July 31, 2014

This market tizzy is all about Russia- MSN Money

This market tizzy is all about Russia- MSN Money



Here is an excellent article by Jim Cramer about why the Dow fell 317 points on Thursday.  The tensions between Russia, Europe, and America have gotten worse, and there is no sign of a solution.  The economic nightmare in Europe will be felt in the U.S. especially among global companies.  We don't have many places to hide either. Even TLT, the 20+ year treasury bond ETF, fell along with the market today.  High-yield ETFs also declined.  This is one time when cash is actually the king.


No comments:

Post a Comment