Now we have a better mousetrap. First ask the customer what kinds of risks he likes, then screen the universe of stocks to assemble a basket of stocks that should together give the return that is desired at the risk that is named. In short, you have no ability to respond to gmarket sentiment h on a short-term basis. This may be as bad an investment strategy as a return that is based only on market sentiment. Now an important analyst has advised people not to buy the company fs bonds because the company may not be able to repay them.
Bonds require cash flow.
Just as the average investor is becoming more sophisticated about how to assemble his own basket of stocks, he is also becoming more knowledgeable about financial statements and what they really mean. It looks like companies with no earnings will have a harder time getting stock market support in the US from now on. From now on, every gain in a stock fs price will have to be earned by a real economic event and not just hope and greed. Gains will also have to be made in the context of a more realistic assessment of the economic environment. High-tech companies are awash in cash.