Latest Panic On The Street Presents Rare Buying Opportunity For Long-Term Investors |
October 22, 2012 | October 2012 Bond Updates |
Without doubt, there were jolting reasons for last week?s stock market selloff: The Dow suffered its biggest loss in four months, the S&P 500 slumped about 2%, and the NASDAQ tumbled some 5%, as America?s tech giants Google (GOOG), Microsoft (MSFT), and International Business Machines (IBM) shocked the Street with lower-than-expected earnings, joined by consumer favorite McDonald?s (MCD) and industrial conglomerate General Electric (GE) in posting disappointing results. |
View more at: http://www.forbes.com/sites/genemarcial/2012/10/21/latest-panic-on-the-street-presents-rare-buying-oportunity-for-dedicated-long-term-investors/ |
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