Market gets first big taste of volatility in 2012
February 17, 2012
by Russell Investments
On this week’s Market Week in Review, Erik Ristuben delves into the market’s first big plunge of 2012 – Wednesday’s Dow Jones Industrial Average 97-point plummet – and the subsequent stock rally. He explains why Moody’s Investors Service’s announcement about their intent to review the ratings of more than 17 major global financial firms and more than 100 European institutional didn’t raise the market’s eyebrows. He wraps up his comments by acknowledging a few bright spots in the U.S. housing market, but cautions that the market still has a massive inventory of homes so additional construction can’t – and shouldn’t – take off yet. Kate Stouffer hosts.