Shesa's JANUARY 2016 INVESTMENT BLOG
17 Jan 2016 JANUARY 2016 Investment Blog Shesa Nayak Wishing all of you a VERY HAPPY and PROSPEROUS NEW YEAR. Welcome to my first investment blog of 2016. I hope this year will bring all of us "better return on our investment". With that wish let’s straight jump to the market news. U.S. Stock Market Commentary: The Stock market across the globe seems to be under major correction since the beginning of this year. It's not good news! But it does not necessarily mean that the January trend will continue though out the year. Why is the downturn? There are many factors: profit taking, China’s currency devaluation, North Korean nuclear test, tension between Saudi Arabia and Iran, Fed minutes, and more over plummeting commodity prices. On the positive side, U.S. added almost 300,000 jobs in December. We saw a similar situation in 2011 but at that time stocks were cheaper in valuation and Fed was there for the rescue. But...