Ask Anthony Mirhaydari: Where are stocks heading?
In the second episode of MSN Money's new video series 'Ask a Money Expert,' readers get to ask Mirhaydari where he thinks stocks are heading next and why.
Stocks have been sputtering all month as investors worry about the health of the global economy. MSN Money columnist Anthony Mirhaydari made a prescient call in an April 27 column, warning: "Investors, it's time to run and hide." In his most recent column, he describes the U.S. economy as a "black hole," where trillions in stimulus can't produce a healthy rate of growth (he has some ideas for how to get the economy back on track, too).
How was Mirhaydari able to call the recent turn in the market so accurately? Along with being an MSN Money columnist, he's also founder and publisher of The Edge, an investment advisory newsletter. Previously, he was a senior research analyst with Markman Capital Insight, an advisory and money management firm, and a business consulting analyst with Moss Adams focusing on the financial-services industry.
Now you have your chance to ask him about the market and stocks. Does he think they will stumble lower, or are we due for a crash? Perhaps he thinks the worst is over? Just leave your question in the comments section of this post or visit the MSN Money Facebook page. Please tell us the city or town where you live. Note that your name could be used in this video if you ask a question.
Next Tuesday, we’ll record Anthony answering your questions. On Thursday, we'll post the video and announce a topic for the following week's installment of "Ask a Money Expert" here on MSN Money.
This week's segment featured MSN Money columnist Jim Jubak: