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Composite Stock Price Index (CSPI) has continued turmoil and decline phase.This is evidenced by the fall Indkes more than 200 points to 3400 levels. However, this condition became an opportunity for mutual fund investors do subscription oradditional investment.

Why is that? Because the condition of Indonesia’s economic fundamentals are still awake, the issuer’s financial performance is still strong growth. This means that valuations of big cap stocks currently classified as less expensive, andinvestment akulumasi be one step in the right.

For those who do not want to do the subscription, is also no need to panic. With the character of long-term investment, mutual funds are still relatively safecompared to direct investment in the stock market.

“Mutual fund’s investment portfolio and there is diversification. If the stock’s rise,fall. He was much longer,” says Bonny.

And needs to be understood, that mutual fund investments should not be doneonly once or twice. But regular through dollar cost averaging scheme. Thus, therisk of volatility would be reduced.

“When was in. It could not be determined. Because of the mutual fund market timing was not. But go gradually, because it minimizes the risk. For those whoalready have (mutual fund) stay the course,” he explained.

Today the index is still in shambles, with the correction of moderate to deep and the largest in Asia. From the start JCI 3616.071, slipped to a position directly3470.83, 226.663 eroded points (6.14%).

Wall Street1

Stocks on Wall Street closed higher again in the trading session that is not too crowded. Shares of the transport sector scored most scintillating performance during trading.

Strengthening the shares held by the negative sentiment debt downgrades Portugal, which further eroded banking shares. Rate hike in China is also a concern of investors.

In trading Wednesday (06/07/2011), the Dow Jones industrial average closed up 56.15 points (0.45%) to a level of 12626.02. The broader Standard & Poor’s 500 rose 1.34 points (0.10%) to a level of 1339.22 and the Nasdaq gained 8.25 points (0.29%) to a level of 2834.02.

The Dow Jones Transportation Average closed up 1.2% and rose to a record high of 5566.07. The increase was led by rising shares of Con-Way Inc. up to 5.7%, after announcing improvements with improved economic well-being of employees.

Transport sector is seen as a barometer of economic activity because the activity as a signal of demand for shipments valued goods. Shares of FedEx Corp. appreciates 1.3% Union Pacific Corp. also rose to 0.8% to U.S. $ 106.59.

But the reinforcement was overshadowed by the decline in Portugal’s rating to ‘junk’, so it still raises concerns about the debt problems of the European Union. Shares of banking sector declined, with the KBW Bank Index dropped 0.7%, while Bank of America declined 2.4% while the Dow Jones largest lowering.

Stock trading is also very thin, with transactions on the New York Stock Exchange is only for 5.98 billion shares, below the average of last year which amounted to 8.47 billion shares.

Wall Street

Stocks on Wall Street weakened due to exposure to profit taking. U.S. employment data (the U.S.) are far below expectations.

Attenuation suffered by uncle sam stock, ending an eight-day rally Nasdaq. Although all the major indexes on Wall Street slid, but in a week they managed to add points.

U.S. employment data only increased 18,000 in June, well below even the lowest expectations of analysts. It is surprising investors who had just put the funds in capital markets.

Christine Lagarde

The International Monetary Fund (IMF) is looking for a replacement Dominique Strauss-Kahn, who resigned last week from his position as managing director. The names of replacement candidates also appear. One who championed the French Finance Minister Christine Lagarde.

Lagarde described by admirers as a “rock star” in the financial world. His figure may be able to save the reputation of his country in the scandal Strauss and fill positions in the IMF.

Then, why did he become the most favorite candidate?

According to the pages of The Telegraph, he was known to have serious character and hardworking, but also interesting. He was also widely praised, both inside and outside the country in handling the economic crisis. His English was perfect and spent most of his career as a lawyer in the United States.

Excellence Lagarde French finance minister who since 2007 was he the candidate who received at both sides of the Atlantic. After obtaining a law degree, Lagarde joined the American law firm, Baker and McKenzie, the first in Paris. Then, he went to Chicago, and began to pursue a position as director of the company. He remained in America for 25 years, and uncomfortable on Wall Street.

Former IMF chief economist, Kenneth S Rogoff, assessing Legarde very impressive. “He has a strong personality and smart in politics,” he told The New York Times. “At meetings around the world, he is treated like a rock star,” he said.

However, Lagarde has some obstacles to occupy chairs the IMF’s top brass. First, it comes from France. IMF may not be ready to refer back to the French after the capture of Strauss-Kahn. Another reason was that he was under investigation.

Minister is caught in a mysterious scandal over 285 million euros involving supporters of Nicolas Sarkozy’s controversial leader, Bernard Tapie. Prosecutors had requested a full investigation of the role of Lagarde. It is difficult for the IMF to select figure that the IMF can derail the second time.

Moreover, French President, Sarkozy may not want to lose one of the servants of the most popular, respected, and successful minister.

IMF announces new director search process that will end June 30. Whether it’s Lagarde or another candidate, will be tested through a related signal the future direction of the financial world.

Several other candidates are former Turkish Finance Minister Kemal Dervis, the German economist Klaus Regling, Singapore Finance Minister Tharman Shanmugaratham, and former British Prime Minister Gordon Brown.