Contact Us
Make My Homepage

Investors Can Expect Volatility To Continue [AUDIO]

Scott Olson, Getty Images

As European leaders continue trying to hash out plans to restore long-term confidence in the euro by getting their financial houses in order, Americans can expect volatility to continue with the U.S stock market.

“The problem in Europe is really a spending problem. They can’t afford the committments they’ve made,” said Ken Kamen, President of Mercadian Asset Management. “While it’s a great step to see that we’re going to get the banking system sured up, it’s still a problem on the longer term basis. If we don’t see European governments make the hard decisions, these little incremental steps won’t produce long-term results.”

“Right now, we’re in a market where the headlines are driving everything and we will continue to see that ‘see saw’ pattern for quite a while,” said Kamen. “It’s a ‘yay and boo’ type of environment where good news sends the market up and bad news sends it down. You’ll see that here and in Europe. People need to recognize, we’re in an area where the bigger issues need to be solved, but they won’t get solved quickly, so this volatility will continue for a while.”

The key is to have a long-term game plan. “If you don’t get used to the volatility, you’ll get beaten up in this market. Understand that if if the ups and downs cause you to lose sleep at night, then you can’t stay invested in the market right now,” said Kamen.

There is a silver lining. “These problems are finally being addressed in a very serious way which is a healthy thing especially if you’re looking forward five years from now or further. For those investing in their future, this is all positive, but it’s very gut-wrenching in the short-term,” said Kamen.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!