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What to do as the market go crazy!
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2 things you wanted to do when the market go crazy
The Federal Reserve’s low-interest-rate stance, and trillions of dollars of stimulus spending, inundated the markets with cheap money. That drove stocks up. (AP)
6 min read.Updated: 29 Jan 2022, 02:02 PM ISTJason Zweig, The Wall Street Journal
Turbulent times can cause investors to make decisions they’ll later regret. Here’s how to stay afloat in these choppy waters without sinking your future. How much worse can it get?
REUTERS Image caption Russia says its SU-27 fighter jets were trying to identify the US plane The Pentagon says a Russian fighter plane flew within about 10ft (3m) of one of its reconnaissance aircraft operating over the Black Sea. US officials described the intercept by the SU-27 jet on Wednesday as "dangerous and unprofessional". Russia's defence ministry said the US plane had been approaching Russian territory and the SU-27 pilots had adhered to international rules. Russia is currently carrying out military exercises in the Black Sea. Pentagon spokesman Capt Jeff Davis said the US Navy P-8A Poseidon aircraft had been conducting routine operations in international airspace when the Russian fighter made the unsafe manoeuvre. "These actions have the potential to unnecessarily escalate tensions, and could result in a miscalculation or accident," he said. A US defence official quoted by AFP news agency said the Russian plane had f...
A look at some of the best images from the world of entertainment and arts over the past week, including Justin Bieber breaking records, Newzoids' Strictly puppets and Simon Cowell's surprise kiss. The America's Got Talent semi-final was eventful for head judge Simon Cowell as model Heidi Klum surprised him with a few brightly coloured kisses. REUTERS/JIM URQUHAR A "mutant vehicle" shot flames into the air at the 30th annual Burning Man festival in the Black Rock Desert, Nevada. AFP The Venice Film Festival kicked off, with this year's jury posing for photographers. Bond director Sam Mendes (centre) heads the jury, which also features (from left) Italian writer Giancarlo De Cataldo, French actress Chiara Mastroianni, US artist Laurie Anderson, Venezuelan director Lorenzo Vigas, German actress Nina Hoss, Chinese actress Zhao Wei, British actress Gemma Arterton and US director Joshua Oppenheimer. Festival director Albe...
GETTY IMAGES The failed Hanjin shipping group is desperately seeking funds to rescue $14bn (£10.5bn) worth of cargo stranded round the world following its collapse. Hanjin filed for receivership in South Korea last week after attempts to bail out the indebted company failed. Ports have refused to accept Hanjin cargoes without guarantees that port fees will be paid. However, creditors, banks and the South Korean government are all reluctant to put up the cash. The global economic downturn, fierce competition and falling prices has hit profits across the cargo shipping industry and Hanjin collapsed with debts of about $5.4bn (£4.1bn) last month. There are an estimated 89 Hanjin ships out of its 141-vessel fleet in difficulty, and some have been seized by creditors. The ships contain everything from computer parts to perishable food with many of the cargoes destined for the Christmas market in the US and Europe. Cargoes ahoy Samsung Electronics has said it has goods w...
6 min read . Updated: 29 Jan 2022, 02:02 PM ISTJason Zweig, The Wall Street Journal
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