Is the stock market about to take a tumble?
（Given the current forclosure rates, decrease in housing, increase in cost of living and decrease in consumer confidence is there going to be “price adjusting” in the stock market as we have seen in the real estate market?）
Answer ：
The forclosure rates are concerning because those people will be looking for rental locals driving up the rental market and the everyday cost of living will continue to increase. This may lead to a demand for increase incomes and continue to pressure the inflationary trends.
As rates rise prices fall. There will be a fall in the stock market as the entire economy responds the the real estate ‘adjustment’, kind of like a ripple affect.
Regards,
Just My Opinion
Posted: July 29th, 2010 under US Stock Market.
Tags: stock market a, take a tumble