The widening gap between falling feed - in tariffs and rising prices is creating a
noticeable drag on a market in desperate need of a boost.
Weakness from Apple (AAPL) was one of the
principal drags on the market, which occurred after a report suggested iPhone sales underperformed in the yet - to - be-reported fiscal quarter.
«The slow economy and job recovery are
severe drags on the market, plus many able buyers are hitting roadblocks on financing a home purchase due to the overcorrection in mortgage underwriting requirements,» she said in a release.
Sales of existing and newly built homes had slowed during the summer but then turned dramatically higher in October and November, surprising the experts who continue to point to the low supply of homes for sale as
a drag on the market.
Unsurprisingly, nuclear threats, terror attacks and political upheaval have been
a drag on the market.
Using The Stingy Investor's Upside / Downside Market View +, there is
a drag on market returns of about 1.5 % / annum (SCUB / TSX60 / S & P500 / MSCI EAFE equal weighted).
Financials were
a drag on the market as long - term rates slipped back after recent gains; the Financial Select Sector SPDR ETF (NYSEMKT: XLF) dropped 0.8 %.
Also, once the baby boomers are in retirement, assets will have to be liquidated to support them, which will be
a drag on the markets at that time.
Could the ultra-low interest rates people have been enjoying for so long become
a drag on the market?