Unformatted text preview: The highest stock point this year was on Nov. 5 th. This was two days after the Fed put a $600 billion stimulus plan in motion and since then stocks have only fallen. A one day gain in stock prices is hardly worthy of an article. Though it is optimistic, we are in one of the worst economic times in American history and this influx in stock prices can definitely and probably will cause many Americans that are already struggling financially to lose money playing the market after the rally subsides. Randall, D. K. (2010, December 1). Stocks Rise Sharply on signs of economic growth [business journal article]. Retrieved December 1, 2010, from http://www.forbes.com/feeds/ap/2010/12/01/ general-materials-us-wall-street_8175581.html?boxes=Homepagetopnews...
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This note was uploaded on 02/04/2011 for the course ECON 390 taught by Professor Goon during the Spring '11 term at Southwestern College.
- Spring '11