Financial Experts Say Stock Market Constantly Plunging, Reaching Record Highs Leading Indicator Of Healthy Economy

  • 📰 TheOnion
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

NEW YORK—Reminding investors that 800-point swings are completely normal, financial experts confirmed Thursday that the stock market constantly plunging before climbing to record highs was the leading indicator of a healthy economy. “A highly volatile market that reaches a record high one day before suddenly wiping out weeks’ worth of gains the next is a defining characteristic of a robust economy,” said Standard & Poor’s chief global economist, Paul Gruenwald, who urged investors to remain calm and continue buying up stocks before dumping everything the instant the Dow dropped. “We’re right in the middle of what we call an Everest/Mariana Trench pattern, and that’s exactly the kind of wild oscillation you want to see across all markets. Investors everywhere should consider this an opportunity to either make or lose a huge sum of money.” At press time, financial experts were beginning to panic after trade talks between America and China caused the market to briefly stabilize.

NEW YORK—Reminding investors that 800-point swings are completely normal, financial experts confirmed Thursday that the stock market constantly plunging before climbing to record highs was the leading indicator of a healthy economy.

“A highly volatile market that reaches a record high one day before suddenly wiping out weeks’ worth of gains the next is a defining characteristic of a robust economy,” said Standard & Poor’s chief global economist, Paul Gruenwald, who urged investors to remain calm and continue buying up stocks before dumping everything the instant the Dow dropped.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Economics are not my thing, but okay

Short term fluctuations don’t matter. It’s way up overall and that’s what matters.

Sometimes you gotta plunge to soar baby

Apparently it is

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 724. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Cramer sees biotech stocks as a refuge in the coronavirus-driven market plunge'I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'' CNBC's Jim Cramer said. If there were an outbreak of CoronaVirus in the US cash is king probably be your theme, too late then... big losses before Cash is King? Lol Flight to safety doesn’t usually involve the most speculative sector of the markets.
Källa: CNBC - 🏆 12. / 72 Läs mer »

As coronavirus fuels market panic, some experts say the dollar is the only safe currencyGrowing coronavirus fears saw the dollar crowned the big winner in currencies last week, and analysts are expecting further rises — primarily due to a lack of alternatives. 3 ways to travel and make money.. Gold OnePennies
Källa: CNBC - 🏆 12. / 72 Läs mer »