Ok I will give you a basic reason. With all the growth in china people feel that there is not more room for growth but of course the are wrong it is CHina they are only starting so when China market fell because the opened first it caused a chain reaction. Another reason is because most companies sell off at the end of the month to show higher cash gains, so when they sold to product more revnue at the end of the month it cause a huge sell off causing the market to drop. We are in no danger of another stock market crash
2007-03-06 15:48:53
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answer #1
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answered by iseemen 5
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the stock market was up without hardly a hiccup for 7 straight months. In fact, the major indices hadn't dropped 2% in one day for the longest stretch in over 50 years. There are always corrections when there are solid runs like that.
On top of this normal correction, the asian stock markets, especially China's was over-bought, and had doubled in the last year. That kind of growth is not sustainable, and it "crashed" . This made everyone nervous, and every stock market in the world followed China's. This proves that the world is now an international market, and that stock prices worldwide correlate strongly with eachother. This is not a good thing, because diversification is harder to attain.
2007-03-06 14:48:17
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answer #2
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answered by PH 5
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As much as the 'experts' will 'pooh-pooh' the idea, what happened Monday is just the tip of the iceberg....just a tiny little glitch on the radar screen. The Bush administration's reckless spending on an inane war has resulted in heading the U.S.A. directly into the worst economic depression this nation has ever experienced. It will happen shortly after Bush leaves office; and it will make the Great Depression of 1929 look like a church picnic. Think I'm wrong?? Then I suggest you print this out and save it for a few years. It's going to happen: our government cannot continue to prop up our economy with a house of cards forever. Be afraid...be very afraid. -RKO-
2007-03-06 15:20:46
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answer #3
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answered by -RKO- 7
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What is going down could flow up contained in the destiny so its no longer all undesirable. it truly is quite like possessing a house even as values flow down then they flow up. in case you do not could promote it would not make a lot distinction. the cost in reality concerns once you want the money out of the inventory market. it isn't everlasting, in reality short-term. it is going to crash yet no ones existence is worth more suitable than the cost of stocks. placed a larger cost on your self and your human being existence. only ignore about it and concentrate on preserving your self healthful. perhaps talk over with a counsellor. talking is the perfect remedy. in case you want help don't be too proud to ask for it. only tell human beings you're literally not coping. perhaps flow for a walk as walking is reliable for melancholy. Suicide is anger grew to develop into inwards. Get your self a punching ball and field into it as a way to take all of your frustrations about the percentage market out on that. only study a thanks to settle for what you won't be able to replace and with popularity will come tranquility. The inventory market crash is a Northern Hemisphere issue, no longer a Southern hemisphere issue and it is going to pass. resembling previous crashes on the percentage market. imagine lengthy time period and picture efficient. tell your self you're a reliable man or woman and should feel free. only get out the living house, flow sightseeing, flow right down to the park and feed the ducks, or imagine of interesting ideas you are able to economise and make your existence lots in good structure. purchase a push motorbike. flow to a funds advice service. existence's a project. it truly is a desirable global available. have a good time with. the perfect issues in existence are loose.
2016-12-05 08:41:23
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answer #4
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answered by Anonymous
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The bull in the china shop farted.
Damn mess!
2007-03-06 14:48:53
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answer #5
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answered by ? 1
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the Chinese thought vice president cheney got assassinated in Afghanistan.
2007-03-07 14:32:43
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answer #6
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answered by Anonymous
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i think you r gay for coming in here
2007-03-09 07:54:35
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answer #7
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answered by keola s 1
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