- U.S. stocks tumble on Thursday, with the S&P 500 suffering its worst session since November 2011, hit by fear that the Federal Reserve will scale back its bond buying later this year.
- Asian and European stocks, along with gold, oil and Treasurys, also posted steep declines.
- The markets are adjusting to Fed’s policy changes, thats why they’re down as well.
- Federal Reserve Chairman Ben Bernanke said on Wednesday that the central bank may begin to scale back its $85-billion-a-month bond-buying program later this year if the economy continues to show strength.
My personal opinion is that investors should BUY BUY BUY, because this situation has happened back in 1982, and investors who bought shares, brought in the BIGGEST revenue. Also since the markets are down this gives more people a chance to join the market because of the low prices.
Categories: Capital Markets