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/24-7PressRelease/ - March 03, 2007 - Main Street investors pay the price as the U.S. stock markets begin to come back to earth reflecting the uncertainty that grips the national and international economy. "It has been a long time coming," reports securities expert and veteran Main Street investor advocate, Paul Young.
"We are particularly interested, from a Main Street investor perspective, about the oil and transportation sectors. The primary and secondary effects of oil prices and of transportation costs that are passed on to consumers demand attention. Nothing we do in America in business, as workers, and as consumers can be done without oil and without transportation. The impact of rising costs for oil and transport cascade and ripple throughout the economy touching virtually every facet of American life. The elephant in the room is Iraq and the ongoing conflict throughout the Middle East has extremely serious ramifications for Main Street and Main Street investors now and in the future.
The stock markets are reflecting this week what we've long anticipated: the expected trend for continued stock market declines at least for the short term ahead. What takes place internationally matters more than ever in this world economy. As do economic warning signs of a possible U.S. recession from former Fed head Greenspan, along with anemic growth in the economy, home sales declining in January to a 13-year low with prices slowing, layoffs and corporate contraction, and Iraq, combining to create doubt and political instability of a nature with little precedent. The need for proper investment allocation for each Main Street investor is vitally important.
Paul Young is the founder and managing director of the Securities Arbitration Hotline, sponsored by Securities Arbitration Group, a national firm to benefit burned investors based in Los Angeles, California.
He's been writing since July of 2006 that the rising stock market is not sustainable. He warned then that the years-long market upswing might have hit a peak as the features of the U.S. economy, the deficit, the Iraq involvement, and the simple length of the market surge may have met the top with a correction of 10% or more likely. These warnings were reminiscent of but were not as severe as those he raised daily in print before and during the terrible and costly Internet bubble burst of 2000.
What does this mean, where it counts, on the ground in cities and towns nationwide? To the very well-heeled, perhaps little. To the Main Street investor, perhaps quite a lot.
"Our focus is the Main Street investor. That person, that family, that retiree suffers most when markets fall. And then exposed, as is common, when markets drop, are the risky and disastrous stocks and investments sold to persons who never should have been sold risky positions in the first instance. Securities sold by stockbrokers without a sound basis, but rather for commissions. Margin accounts only make matters worse," says "Mr. Securities Arbitration" Paul Young, who goes on to note that "high stock prices may tend to mask a lack of foundation particularly when overall markets are high. The fundamentals of a security largely take over when artificially high market prices begin to level off so prices of sectors and of stocks, mutual funds, and other investments tend to find the price each should be as markets seek realistic levels. Then the Main Streeter questions the wisdom of a broker's recommendation and, often, investor abuse is exposed."
"The duty of an investment professional and the firm is to sell persons securities for which they are suitable given their life circumstances, to do so honestly and without a shading of truth, the look out for the best interests of the customer long before worrying of the broker's own financial interests. To 'know' the customer and act in a fair manner. When that does not happen, burned investors have an excellent forum to resolve grievances: affordable, time efficient securities arbitration is that forum. And in 18+ consecutive years in securities dispute resolution covering most states and three countries outside the U.S., I have a basis on which to state that securities arbitration is the burned investor's best friend; clearly the best and fairest avenue for burned investors."
With no axe to grind, no bias, no conflicts of interest, let fully media experienced Paul Young provide your print or broadcast platform the best and most credible interviews on the important topic of money matters for Main Street.
Journalists: check us out at www.SecuritiesGuy.com, www.Expertclick.com).
Burned Investors: Call the Hotline at 1-800-222-4724. Free, nationwide. The "Burned Investor's Recovery Pak" is available, as is the ten-point piece: "How to Choose a Good Stockbroker - At a Glance." Again, no charge.
Who we are: Paul Young ("Mr. Securities Arbitration"), an experienced advocate for burned investors nationwide, is the founder of Securities Arbitration Group and the Securities Arbitration Hotline @ 1-800-222-4724. Our job is to get money back for burned MainStreeters. Young is fully media experienced, print and air and has been a guest on CNN and many broadcast outlets (radio and TV - locals and nets) nationally and internationally; profiled in print, including the Christian Science Monitor and others. He is available for interviews, guest appearances and news spots 24/7. Call Caren at the number above.
Securities Arbitration Hotline is free, nationwide and available since 1989 at 1-800-222-4724.
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