Here's the latest article from the Investing site at BellaOnline.com.
Bear Market Protection
How to invest to protect your portfolio aganist a bear market in stocks.
http://www.bellaonline.com/articles/art52344.asp
Please visit investing.bellaonline.com for even more great content about Investing.
FINANCIAL MARKETS SUMMARY for the WEEK ENDING JUNE 27,2008
Finacial markets highlights for the week included: the Federal Reserve deciding to leave interest rates unchanged; General Motors stock plunging to levels not seen since 1955; commodity indices hitting all-time highs.
The stock market had a terrible week with steep drops for all of the major indices. The indices are all now flirting with an "official" bear market, with losses of approximately 20% from their highs.
The other major financial trends continued this week. The US dollar continued to drop in value. The US dollar has now lost nearly 50% of its value vs other major currencies since the Bush administration took office in Jan 2001. The dollar drop help lead commodities to sharp gains with many of them hitting all-time highs.
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If you have questions regarding anything mentioned in the latest article or on any other financial-related subject, please feel free to contact me either through the forum or via email.
Tony Daltorio, Investing Editor
http://investing.bellaonline.com
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