Stock Market
Market Outlook
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The popular stock market averages closed to the downside again on Friday. This amid growing concern that the FOMC's hawkish monetary policy could lead to a recession. Economic slowdowns in Europe may also be distressing. The British pound on Friday fell more than 3% vs. the US dollar.
The recent deluge of dismal economic forecasts may be setting up the stock market for dip buying opportunities.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett
The recent deluge of dismal economic forecasts may be setting up the stock market for dip buying opportunities.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett