Stock Market Today

Answer： So it doesn’t happen again! Ironically, the current mess we’re in is directly due to the removal, by Allen Greenspan, of the controls that were put in place as a result of the crash of ’29! Greenspan has since “apologized” for mis-judging the market, and for having too much faith in human nature. I’m [...]

Answer： THe Stock MArket Crash compounded the problem of buyer confidence. If the public were not sure if they would be employed, they were not likely to buy consumer goods. Most historians say that the Stock Market Crahs only made a bad economic situation worse – it was not the primary cause of the depression. [...]

(I read somewhere that women generally had a lower amount of jobs lost during the great depression, and men thought they were stealing their jobs. Is it true? If not, can you explain its effect on women? (educated ones, specifically) Answer : yes,but they could always go back to the household work,if her man or [...]

（I know we sorta crashed here from DOW 14000 to DOW 6500 but what if this is nothing more than a bear market rally and we head to NEW lows? Is cash or money market funds even safe at that point if things really turn ugly?) Answer : Big crashes only have two root causes [...]

（After all if interest rates keep rising surely we will join the Americans and start defaulting on our mortgages. House prices may then fall and we could all end up in recession. What do you think.) Answer: It is the over valued housing market which has lead to a credit crunch, which in turn, is [...]