It looks like hedge funds finally brought the economy to its knees this week. The market collapsed, and only recovered after the government intervened.
I am not sure whether this is the new paradigm. If it is, it is amazingly scary for investors who need to rely on some sort of stability in their savings.
Investors probably should be investing in the market for the long term (even though the market has gone nowhere for 10 years). But, if we see more weeks like this, investors will flee, will tell their children and grandchildren to flee, and we won't see individual investors put money in this market again for generations.
Add your Comment
or use your BestCashCow account