Wednesday, October 20, 2010
Will the stock market slow up?
It doesn't look like it anytime soon. The stock market has been continuously on the rise over the last several periods, and experts say they don't see much in the way of slowing in the future. But you have to ask yourself, how sustainable is this upward trend? If it seems to good to be true, it probably is and you would think a slowdown and leveling off is in the future.
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3 comments:
I expect the stock market to continue rising slowly but positively. Many companies, especially those in the financial sector, have been posting big profits despite the high unemployment that is dogging our economy. Some of the stocks I follow are still below where they were prior to the recession, but the stock market seems to indicate to me that our economy is steadily recovering in terms of economic growth even though unemployment is high.
I do not feel the stock market is a good indicator to the state of the economy. I feel as if there are concentrated number of people making a lot of money off a stock market that really only had one way to go, up. I do hope the trend in the stock market contributes to the welfare of the entire.
Stock market, prior to this few weeks, have not been on the upside at all. The rise in the stock market has not been due to the fact that the economy is "recovering," but it is due to the big bet that the FED will once again jump in to help boost the economy. Therefore, the stock market will slow down or even slope down in the future depending on the FED's decision.
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