How does the fall of the stock market affect everyone?
(Does it only affect a certain class of people? Is there a big difference in your life even if you have no money invested in the stock market?)
Answer:
It directly affects those who own stocks or stock funds. They will reduce their spendings. A prolonged downturn of the stock market can result in economic slowdown which leads to job cuts. There must be economic factors triggering the prolong downturn of stocks.
Posted: July 26th, 2010 under US Stock Market.
Tags: fall of the stock market, fall of the stock market affect, stock market affect