(Yahoo.com). Stocks slammed by global worries; Dow off 250 pts. U.S. stocks declined on Thursday, a day after the S&P 500 jumped the most in more than a month, as Wall Street weighed reports that Russia was considering a measure that would let its courts seize foreign assets. "To us that would signal a threat from the Kremlin that the Russian-U.S.-Europe conflict economically might take a turn for the worse, should it be enacted. They are signaling that unless concessions or negotiations take place, we're prepared to do this," said Jim Russell, senior equity strategist for US Bank Wealth Management. Reuters reported the draft law, submitted to Russia's parliament on Wednesday by a pro-Kremlin deputy, would also allow state compensation for those whose assets were taken in foreign jurisdictions.
(CERR Investiments). Do you really think the markets are declining because Russia threatens to take foreign assets? Well Russia has foreign assets. What do you think the world would do to their things. Small Caps stocks and now Large Cap stocks are getting hit. Reit Funds are getting slammed!
(CERR Investiments). End of quarter profit taking to say the least Street0! Big companies are getting ready for the sweet free money to end in October. As long as Feds keep bank deposits by ordinary individual near zero interest rates companies will invest because there is no other place to go if you want to make money. However the small investor is the key. The small investor is not going to forget 2008 and all the ponzy schemes that went on. Until the markets seem fair, bank deposit rates go back up, and financial regulations are again keeping insider traders from stealing your money, markets will stall.