The question on everyone’s mind is: just what is it going to take to give markets and exchange traded funds (ETFs) the kick they need to start moving in a positive direction?
Experts are increasingly reaching the same conclusion: time, reports Madlen Read for the Associated Press. The fact it, nothing anyone can say or do will be able to soothe the nation’s anxiety in the next few weeks.
- There’s good news for bargain hunters, who may see the recent drops as buying opportunities.
- Positive financial news from some large, multinational companies could lead to a few rallies. But the gains might evaporate just as quickly.
- Until all fourth-quarter results are in, many investors will continue to have too many questions to buy with confidence.
- This week, there will be some announcements: a report on December sales of existing homes, jobless claims and more earnings reports from banks.
- One strategist predicts that by the end of the first quarter, perhaps the market will find a little stability.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.