From this mornings broker report "The majority of European equity markets fell Monday, tracking losses of the US stock futures as progress appears to be stagnated between the Democrats and Republicans in reaching a budget deal to end the government shutdown. There are fears that equity markets around the world are about to falter as the deadline for consensus draws nearer." Traders use these sort of events to make short term bets and either profits or losses. What does it mean for your Super or investment portfolio. Well, short term the value goes down, long term, probably nothing!! Good news if you have cash on the sidelines ready to invest for the long term.
Posted on: Mon, 07 Oct 2013 22:10:03 +0000
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