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re: So in one day, we go from “strong economy” to imminent recession?
Posted on 8/14/19 at 4:38 pm to HailHailtoMichigan!
Posted on 8/14/19 at 4:38 pm to HailHailtoMichigan!
I've been told the stock market taking a nose dive was a good thing because now it will help form an economy that's good for everyone, not just the 1%
1
Posted on 8/14/19 at 4:43 pm to upgrayedd
quote:
I've been told the stock market taking a nose dive was a good thing because now it will help form an economy that's good for everyone, not just the 1%
Years ago it was called profit taking.
People bought stocks.
Stock prices went up.
People sell stocks at higher prices and price drops
People buy same stock back taking advantage of the people who sold and went in a different direction.
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