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7/26/2016 9:50 am  #1

U.S. emerges as safe haven amid chaotic world


The U.S. stock market is sitting near record highs and the Dow is up an incredible 3,100 points since the mid-February low.

A big factor powering the move: the U.S. is looking like a haven of stability amid all the global turmoil. And investors are betting on that safety with their dollars.Just look at the laundry list of global concerns: deep uncertainty sparked by Brexit; renewedEuropean bank concerns; low oil prices hitting energy-centric economies like Brazil; unnerving emergency moves by the Bank of Japan and fresh memories of market turbulence in China. That's not to mention the coup in Turkey, a former darling of Eastern Europe.

Last edited by tennyson (7/26/2016 9:51 am)

"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"

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