Fri 9 Nov 2007
Response on Current Market Outlook
Posted by oneonian under Money Talk
Someone asked my option on Market Outlook today, here I posted my reply verbatim
Well, investors are bunch scared kids, when something bad slightly surfaces, they run around and cry to their mommies. Financials are down and might even get uglier as more reports comes out, but what’s the reasons for dragging other sectors down? Like tech and China? Market today are so integrated, if one sector down, whole market is down, due to all those diversifications, like increasingly more index funds, mutual funds, investment pools. So I would GUESS, market would continue to go down on more bad credit news and yet-to-come dollar news. Two news add together, could take us to a longer recession.
No Responses to “ Response on Current Market Outlook ”
Comments:
Leave a Reply
You must be logged in to post a comment.