Fed Chief Now Blamed for Inflating Stock Bubble
Fed Chief Now Blamed for Inflating Stock Bubble
... the future may require reduced expectations for millions of Americans who staked their hope for their comfortable retirement on stocks. The average recovery time--the length of time it takes the market to return to its boom-time peak--during the big busts of the 20th century was 20 years. Those declines were 1906, 1929 and the late 1960s.
Hey, whatever happened to Bush's brilliant idea about investing Social Security funds into the stock market?
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