Wednesday, March 19, 2014

The Economy - Stocks

Easy come, easy go. I guess the relief rally from the soft sanctions on Russia over Crimea is over. It also did not help that the FED announced that it will continue to taper it's bond buying. The last time that was announced we had a meltdown in emerging markets. Stocs were off about.7% today. They bounced off their lows, but I think that the selling will continue tomorrow considering that there is still uncertainty in Ukraine and what the FED chairman has said will be dissected and digested.

What do you think?