What do the experts think about the prospects for the market? For example, Scott Minerd of Guggenheim Partners expects the Standard & Poor's 500 Index gives way to 1650, and oil will fall to $ 20 a barrel amid the outflow of investors to safer assets - based on AMarkets.
Jeffrey Gundlach recommends that investors are now to be in the papers, but immediately sell them when there was a significant rebound. Further action will be included in a bearish zone and may have to stay there for long - predicts expert. Of course, the investor is now the number one issue - what will happen to the shares tomorrow - they will rise and fall. Question number two in importance - what percentage of the portfolio is wise to keep in the cache. Yet most of the players understand that America is what remains an oasis of stability - as they say, on the background of a general catastrophe. What is happening in the US economy - the crisis rather financial than economic. On the fundamentals, just more or less in the order, according to the data of the housing market, employment and the dynamics of expenditures of the state budget. All of these factors are now working for the benefit of the US GDP.
What concerns the oil - it is expected that the prices will catch up later this year - such a forecast gives the manager of bond fund PIMCO Mihir thieves.
Legendary investor Jeff Gundlach this time was in the camp of the pessimists. He believes that the current situation on the market in US stocks - the elimination per se. The market is actually selling the accumulated years of "winning mentality" - a stereotype that drive financial markets on an interval of many years. Investors poured stocks that have recently enjoyed more than anything else. Gundlach, speaking on the topic of risk junk bond market, expressed the view that as long as this segment has not reached bottom, but its reach at a time when "greed index» CBOE Volatility Index will move the mark 40.