Click on this link to listen to this week's market comments: http://yourmoneytalks.podbean.com/2011/10/07/markets-bounce-from-bear-market-territory/
Friday, October 7, 2011
Markets Bounce From Bear Market Territory
This week the market fell into Bear Market Territory as they were at one point down more than 20% from their April peak. Markets reversed course to finish higher for the week, but still weak none the less. Economic reports are coming in better than expected but not anywhere near levels to create a sustained market rally. Europe is talking about several plans to bail out the banks and Greece. We can only hope that third quarter earnings gives stocks the boost they need to stem the decline soon. Find out more “Next Week on Wall Street.”
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