Mila Kunis is now investing in stocks but stock market experts think she could be walking into a trap. The actress was on CNBC talking about her newfound interest in investing, saying that she’s learning to keep her money somewhere other than cash.
After hitting an all-time high in the S&P 500 on March 28, 2013 — volatility appears to be returning to the markets. This has led some market pros to declare that an amazing four-year rally in stocks is over and that we’re on the precipice of a new crash and there is certainly no shortage of logic to support that view.
As we turn the calendar and head into April 2013 full steam ahead with some nice year-to-date gains for the fourth consecutive year, the problem is that the past three Aprils have all marked the starting point of corrections.
The decision by the Eurozone to force bank depositors in Cyprus to contribute towards a bailout, a first in the Eurozone debt crisis, could hurt other peripheral nations, the Euro and the global stock market rally, analysts warned.
European finance chiefs ordered an unprecedented raid on personal bank accounts. Up to 60,000 British savers are to lose thousands of pounds each as expats in Cyprus have their savings decimated in part of a painful bid to bail out the bankrupt island.