that the coronavirus and upcoming election have caused investors to fear a stock market crash more than they have in years.
A rise in COVID-19 cases or a chaotic election could trigger a"change in mass psychology" and bring on a market crash, he concluded.Economist Robert Shiller said the coronavirus crisis and upcoming election have driven investor fears of a major stock market crash to the highest levels in many years. For example, his Crash Confidence Index, which tracks how many investors say the probability of a catastrophic stock market crash in the US in the next six months is less than 10 percent, was at a record low in August. Just 13% of investors surveyed had that level of confidence in the market. In September, the reading was still extremely low.
But Shiller said that the low confidence readings and high stock prices won't cause a market crash on their own."Another dynamic would need to be in effect," he added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
NONUKES NUCLEARBAN BreakingLimits Fukushima news; UTAH UNDER NUCLEAR ENERGY CRIME SYNDICATE ATTACK, SMR UAMPS SCAM, HOT NUKE WASTE via kevindblanch
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
14 Fashion Insiders on the Best Strapless Bras on the Market14 fashion insiders on the best strapless bras on the market. Have Momoland on song association please 🤍
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Stock market performs better when incumbent president wins reelection: LPL - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ☑For responsive business website Except when that incumbent is a liar and con artist. Studies show the economy will do better under president Biden Now do GWB -- Obama
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock-market investors brace for busiest week of earnings in October’s final hurrahBuckle up! Apple, Facebook and Google parent Alphabet are in the spotlight, as more than a third of S&P 500 members will report earnings this week. Investors wanted And greedy! It’s going to be nuts
Source: MarketWatch - 🏆 3. / 97 Read more »
Top Wall Street analysts say buy stocks like Netflix and Alphabet amid renewed market volatilityTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Netflix and Alphabet. Both Netflix and Alphabet are FAILING companies. By getting more people into their HIDDEN PONZI scheme is the ONLY way for the top investors in these companies to take their money and run from these stocks AFTER RECOVERING their capital With Netflix if there is no production of new content due to Corona. Then it's dated content will lead to a decline in subscriber's. Did the wallstreet analyst suggest that if buying stock during this pandemic is a good idea than they should have told realDonaldTrump & congress that passing a universal basic income would be the best decision for Americans so they did not have to choose between rent & shares
Source: CNBC - 🏆 12. / 72 Read more »