What Goes Down Must Come Up Is the End in Sight? Investment Pros Look Ahead
The Milwaukee Journal Sentinel › November 28, 2008
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Summary
Unprecedented market declines have knocked the stuffing out of most investment portfolios and made many investors question why they ever bought stocks in the first place.
The Standard & Poor's 500 index -- a benchmark for the overall U.S. stock market -- rallied Friday from an 11-year low. The index was on the verge of its worst annual decline in its 80-year history. The index finished Friday's session down 45.5% this year, while the Dow Jones industrial average was down 39.3%. The Nasdaq Composite Index has lost 47.8% this year.See the full content of this document
Extract
What Goes Down Must Come Up Is the End in Sight? Investment Pros Look Ahead
The yield on three-month Treasury securities was essentially at zero last week, showing that big institutional investors were willing to forgo a return for the certainty they would get their principal back.
Most financial experts agree ...See the full content of this document
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