Wednesday, October 13, 2010

Stock Market Rising

Stock prices are skyrocketing for many businesses, especially those that can jump on the dollar being so low, like companies that can purchase assets for cheap. Apple for example is over $300 for the first time ever, thanks to the success of the iPad and new iPhone.

Imports are also rising in price, as many people have noticed from gas prices. Oil rose over a dollar and a half a barrel.

Some companies seem to be doing pretty well, while others are going in the other direction. It will be interesting to see how sustainable these trends are.

1 comment:

Yashika Shah said...

Although this frenzy by investors is helping the capital markets, precautions should be taken to avoid the forming of the bubble. It can be that the investors are anticipating the Fed to step in but what if the Fed does not step in? Will that lead to another crash? Are the markets ready to experience this volatility?