These drastic drops in European stocks are warranted given the economic conditions, but the brunt of the selling is over.
Strategies
Let the 'mess fall out', then it's time to buy Apple shares ahead of the iPhone 5 launch, says manager Ben Dickey of the Growth Plus Income model.
A policy response to the European crisis and lower energy prices will improve economic conditions in the second half of 2012.
Ultimately I believe that solutions will be found, compromises made, and the animal spirits of capitalism will overcome governmental ineffectiveness.
Dividend and Income Plus investment model manager Bill DeShurko is not deterred by McDonald’s earnings miss and still thinks it is a long-term value.
Annaly Capital has one of the highest dividend yields of all large-cap stocks, says Mark Holder of the Net Payout Yield model.
Any inability to keep the markets calm regarding fiscal and tax issues in the US could lead to healthy losses
The combination of political stalemate and policy making through inaction is a drag on economic growth.