Market is Going Turbulent Again
Posted on January 13th, 2009 in Money Market Funds |
Without any kind of stimulation plan, the market is going turbulent again. The market seems more dependable on US policy makers’ decisions.
It can not bear any kind of bad news from the economy. Job loss put the US market into another deep hole.
Stock market is intended to improve economy instead of put it into worse. Today stock market won’t be pleased by its millions of stockholders. It fluently affected by several policy makers.
Is our economy some kind of stimulation plan? The more money came in, the better the market. What sort of economy is that?
Cry for some kind of printed paper to save our jobs, our houses?
I prettily agree everybody wants “change”. Change for what? From last year October to now, I am partially convinced “change” is sitting at home and crying for money.
Let’s Obama help us with our money. Is that “hilarious”?
When our interest rate is decreased to almost zero, policy makers have no way to go to increase our money supply.
When borrowing is not working any more, what they do next? Pumping more and more credit, sending more and more money to save jobs, houses, bailout this, bailout that.
Back to the money market, ask the older ones, how is their pension funds doing? Hard to accept?
Have a good news with M&T Bank eMoney Market Account, the newest high-yield online funds account.
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