Most of the stocks plummeting in 2009 are in financial companies. Meanwhile, 172 of the stocks in the S&P 500 are in positive territory. Many will continue to fare well during a recession...
The fact that investors are not just dumping all equities in favor of safer havens like gold and Treasury bonds is encouraging. The indiscriminate selling that was a hallmark of the market at the end of last year appears to be over…hopefully for good. (Read more at CNN Money News)
interesting point.. funny how our perspective on reality is sometimes marred by one-sided bad news..