Opportunities in times of crisis

The decline in share prices of the main financial companies in the United States is opening new alternatives for investment, writes Agustina Cobas in the San Jose, Costa Rica daily La República.

Monday, June 16, 2008


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It's said that every cloud has a silver lining, she continues. This could be applied to the situation in American stock markets, where the main players in the finance sector have seen their shares plummet.
The shares began their downward journey in the middle of last year, when the first financial losses of these companies were reported, at the start of the sub-prime crisis.
However, the steep declines may present astute traders with a buying opportunity, since the shares are now available at bargain basement prices.

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This is the opinion held by some of the sector's specialists at the 32nd Caribbean-Central American Action (CCAA) Conference which ended last week in Miami.

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