- Dow tops 16,000 and S&P 1,800….to buy or not to buy, that is the question. An MSN poll suggests mixed answers amongst investors:
Now that the Dow has topped 16,000 and the S&P 500 has passed 1,600, are you buying more shares to ride the rally?
44 % Yes. All signs point to more gains ahead. 2,167 votes
43 % No way. A crash is coming, and I’m getting out. 2,132 votes
13 % I got burned last time, so I’m not even in the market now. 622 votes
2. Yellin’ for or at Yellen (what’s a woman to do?)? Janet Yellen will be confirmed tomorrow eve as Fed Chairwoman–and so will easy money. Will this “Wall Street bailout” continue along side the US’s fiscal irresponsibility? What will this mean for interest rates—is your portfolio invested in interest rate sensitive securities?
3. Market “Noise” is at an all time high this year—who are you listening to…Carl Ichan and his warnings of a selloff or the “there is no bubble” camp?