Stock Markets Exposed

Is the US Stock market 300+ point decline the beginning of the end of the economic boom the USA has Enjoyed?

for the last 6 years? How many people will lose their homes if the market countinues to decline?

Public Comments

1. Oh My God!The ghost of Saddam Husein,is telling people that America will fall!(I'm so scared)!!!!!!!!!!!
2. I don't think anyone can accurately predict the future, of the stock market, or predict how many people will lose their homes. However, I think it's important for people to understand why stocks go up & down, so I wrote this to answer another question today: Many investors are mutual funds, hedge funds, & Govrnment retirement funds, that hire top advisors to manage their portfolios of stocks & investments. They all have stop loss programs entered into their investment portfolios. When certain stocks decline, for any number of reasons, other stocks may have to be sold off to meet "Margin" requirements. Hence, we get many investments of all types in a mad sell off pattern, that may or may not persist until things calm down. Unfortunately, investors also use the "Herd" mentality where they all rush for the door out at once, before it closes. Here is a story that could be related: http://allafrica.com/stories/20070726088... **********************************************************
3. What boom? The USA has economically stagnated since 2000. The Dollar lost 60% against the Euro, The Stock market is after adjustment for inflation 20 % lower then 7 years ago. 96% of all US citizens have less money, adjusted for inflation then in 2000. We slipped back form first place in income per capita to 19th place in the world (CIA Handbook 2006) What boom again? The action is in Europe now, it's gone, nada, left N.J., over.
4. yup, that's beginning of the end, it's just like 2000 and dot-com bust all over again.