Europe Turmoil Puts Money Managers in Bind: Hold Stocks and Hope, or Sell and Maybe Miss Wins?
The continuing stock volatility brought on by Europe's debt mess is forcing investors to make almost impossible choices. Ther Wall St Journal reports.
They are trying to navigate a market that pushed the Dow Jones Industrial Average down 389 points on Wednesday amid fears of Italian debt default, only to drive it back up almost the same amount in the next two days once Italy took steps to form a new government.
That late-week swing was just the latest installment in weeks of volatility sparked by the European debt crisis. With year-end approaching, many investors fear the market could be in for a significant lurch ….
Read more at http://online.wsj.com/article/SB10001424052970203503204577035930604739106.html?mod=WSJ_Markets_LEFTTopStories
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