Re: How \'bout that Stock Market?
In recent years, the stock market has operated on investor confidence....which explained, in part, the huge bubble that was built up, even though earnings didn't justify the stock prices.
Now, we have stocks that are becoming actually underpriced compared to earnings, but there is no investor confidence. Remember just a few months ago, the fever for jumping on and "fixing" corporate accounting?? Where did it go?? Both parties dropped the ball, not surprisingly. Now, with the threat of iminent war, investors are plumb scared.
My .02
TR
__________________
Oregon Panthers girls fastpitch softball!!
|