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.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
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.
Les 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.
Les mer »
A Marketing Expert Explains Why Losing 'Royal' Won't Hurt the Sussex Brand at AllPrince Harry and Meghan Markle will have to drop 'royal' from their Sussex brand after their royal exit, but a marketing expert says it won't hurt them.
Les mer »
'We are at a turning point': The coronavirus outbreak is looking more like a pandemicHealth experts say it’s time to prepare for worldwide spread on all continents. coronavirus
Les mer »