Tuesday, January 4, 2011

2010: The year of uncertainty and volatility

http://money.cnn.com/2010/12/31/markets/2010_stock_market_review/index.htm


Summary
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This article does a review of the year 2010 in regards to economics.

2010 was a volatile and unpredictable business year full of ups and downs.

''Put bluntly, 2010 was a roller coaster ride'', said David Kotok, chief investment officer at Cumberland Advisors.

Stocks went off to a good start but worries about European debt and other anxieties slowed down stocks. The stocks started recovering but at around mid July, the stocks plummeted to their lows for the year. A mere hint at another stimulus package sent stocks on a upward trajectory for the rest of the year. But let's not forget May 6, when the "Flash Crash" sent the Dow (Dow Jones Industrial Average) spilling down almost 1,000 points in minutes.

The year ended on a high note though with a rise in stocks. Investors are hoping stocks continue rising in 2011.









1 comment:

  1. Heres something for ups and downs in the market get ready for the collapse: http://inteldaily.com/2010/04/gold-manipulation/

    ReplyDelete