What evidence is there that forces external to the US triggered the stock market crash last year?
(There has been quite a bit of discussion in various forums and on radio talk shows about a possible link between investors (and even governments) outside the US triggering the stock market decline last September and October. However, I have seen little or no evidence to back these assertions.)
Answer :
Last I heard it was several huge hedge funds that were getting losses in other areas and needed to raise capital quickly. They were dumping their stocks like crazy which drove the DOW way down.
Hedge funds are still unregulated today!!!!!
But it is a great time to buy those companies that should be around for awhile…..
Hedge funds are still unregulated today!!!!!
But it is a great time to buy those companies that should be around for awhile…..
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