In the News:
USA Today
In an interview with USA Today portfolio manager Axel Merk compares the stock market to a tennis ball.
"In explaining the market's huge rally Tuesday, Axel Merk, portfolio manager at Merk Investments, said, 'Tennis balls bounce, too. Obviously, some stocks are trading at extremely depressed levels. But there are still a lot of risks out there. Basically, the government has been able to stabilize the system. But that doesn't mean stock prices will go up.' "