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Stock Market Tanking! Relax

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John Daly

John Daly

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So stocks have taken some big plunges.  Obviously the sky is falling and we need to run for cover.

Not really.  It’s all explainable.  So what should you be thinking and doing?

Let’s bring in our Informed Not Inflamed financial expert Hugh Anderson – coming to us from Las Vegas.

Hugh is with High Tower Las Vegas, a financial consulting firm.

Hugh, thanks for joining us.

Let’s hit a couple of the causes for the stock drop.  First, it could just be plain old profit-taking.  I mean this has been a good run for 5 to 6 years.

Second, China has slowed.  The world needs China to buy stuff from all of us.

Third reason is the gradual end of Quantitative Easing makes stocks less attractive to investors as a return.

Let’s look at its effect overseas too.  All the BRICS are feeling it plus Turkey is wallowing now.  Explain how Q-E means higher borrowing rates for these countries.

But this is not the end of the world. It is merely the world re-balancing, right?

What do you tell clients who are worried about their portfolios?

What would you be telling US lawmakers?

Hugh Anderson is our Informed Not Inflamed financial expert Hugh Anderson. Hugh is with High Tower Las Vegas, a financial consulting firm in Las Vegas.

Hugh, thanks.

And folks, thanks for joining us. We will catch you next time.

Stay informed not inflamed

 

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