Time To Ask: What Happens After the Stock Market Crashes?Submitted by Smaulgld.com on Sat, 08/02/2014 - 09:51
A stock market "correction" is on a lot of people's minds. That implies what it has meant for the last 30 years- stocks "correct" then they go back up again- a buying opportunity.
Stocks are higher not because their prospects and sales are good but because of QE, sovereign fund buying and companies buying back their own shares at a record pace.
Indeed S&P companies themselves are the biggest purchasers of shares.
If the market crashes the economy will be even weaker with people becoming "poor" and having less money to spend.
Think the fed will rush to the rescue? Will it work this time?
What will you do?
Take the poll: