Home | Business News | Browse by Publication | M | Mississippi Business Journal

Take a deep breath and repeat: the sky is not falling, the sky is ... stock stress understandable, but pay attention to possible opportunities, planners say.

Publication: Mississippi Business Journal
Publication Date: 21-JUL-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
No joking about it, it's a bear out there. In June the U.S. stock market dropped 10.2%, the biggest loss for the month of June since the 1929 Great Depression. With the market down about 20% since October 2007, that is a lot of grief and stress for investors as $2.1 trillion in stock value has been lost.

Financial analysts recommend taking the long view, relying on historic averages that show over the long term the stock market will rebound. Still, they acknowledge it is a tough and anxious time for investors.

"Investing during bear markets can be treacherous, but it offers great opportunity for those willing to deal with the volatility," said Ashby M. Foote HI, chief investment officer, Vector Money Management, Jackson. "It will try your emotions and it is important for investors to stay within their risk comfort zone. The current bear market has the added feature that the sector under the most duress is the financial sector which, of course, is the same sector that includes the professional investor business. So we have Wall...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mississippi Business Journal
Sahvannah's serving patrons.(Strictly Business), July 21, 2008
Historic properties counting on GO Zone incentives extension., July 21, 2008
VW settles on Chattanooga for new plant.(Strictly Business), July 21, 2008
New Markets Tax Credit workshops set.(Strictly Business), July 21, 2008
Sky-high prices for fuel, concrete, steel slow road projects., July 21, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.