Sunday, October 3, 2010
September stock highest in 71 years
The stock market for last month was the best September in 71 years. There was rapid growth, over 9%. Many experts think that growth will continue to rise, but not at such high levels, but rather more stable. With uncertainty in the economy, mainly from the upcoming election in November, many think that the markets are going to suffer and slow their recent upward trends.
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2 comments:
I agree with Zach in thinking that October's market growth rate with under-perform that of September. I think that the population is realizing that we are finally heading out of a long recession and are beginning to put their trust back in the market. However, until we see a steady decline in unemployment I can't see the market reaching pre-recession levels.
I agree with Zach in thinking that October's market growth rate with under-perform that of September. I think that the population is realizing that we are finally heading out of a long recession and are beginning to put their trust back in the market. However, until we see a steady decline in unemployment I can't see the market reaching pre-recession levels.
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