To: yawningotter; Age of Reason
The stock markets, for whatever reason, will probably not suffer too greatly, even if the rest of the economy goes down the crapper.
Most funds have no place else to go. Bonds don't pay a thing. Also, because the largest companies are multinational they can offset slower earnings growth here with better growth overseas. The stock markets don't reflect main street.
posted on 11/07/2012 7:55:56 PM PST
Blame John Roberts of the SCOTUS.
posted on 11/07/2012 8:02:59 PM PST
(When the gov't fears the people, liberty; When the people fear the gov't, tyranny.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson