Are risk assets oversold?

US equities may be approaching a turning point, and Facebook will be a key test.

PORTFOLIO POINT: US equities appear oversold, but with markets vulnerable and Europe's situation uncertain, the Facebook IPO should provide a key to what’s ahead.

From January 1 to May 1, the S&P500 climbed 11%; in two weeks, it’s dropped by 7.5%. The S&P is still up for the year, but European stocks and commodities are now in the red.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles