Browse > Home /

Business

/ Fearful investors waiting for...

Fearful investors waiting for new quarter

2008-03-28 16:31:58 (GMT) (Caymanmama.com - Business News)

New York: Investors that have burned their hands during the first quarter can comfort themselves with the idea that stocks will do well in third and fourth quarters. According to analysis’s, the second quarter will be crucial and transformational. However, investors will be keeping a strong eye on credit and housing market so as to look for telling tales and signs so as to see whether the worst is over.

Gas and oil prices coupled with weak dollar and poor economic growth will keep the flux between inflation and recession and it seems that the second quarter will be similar to that of first quarter. Given the fact that various organizations will reveal their quarterly result in April or May, these numbers will help investors in offering them a better idea about the recession and its effect on various corporate offices. According to the CEO and President of RNC Genter Capital Management Dan Genter, he said that-“The second quarter is probably going to be mixed, but better than the first.” He continued- “I don’t think people are expecting much from it and that could limit any losses.”

Genter continued that first quarter was tough as economy was facing a slowdown ever since year 2007. Apart from the recession, sinking fortunes of Bear Stearns and oil prices made the whole condition “pretty surmountable.” However, Genter said that the investors are moving ahead. Given the fact that stocks have fallen over two times and both times i.e. in January and March they bounced back.



NewsReporter · Filed Under Business 

CaymanMama.com - Press Release Distribution Service

Comments

Comments are closed.



Articles