Thursday, September 9, 2010

Investors Leaving Stock Market in Droves


""In Striking Shift, Small Investors Flee Stock Market" blared a headline on the front page of the Sunday, August 21st edition of The New York Times. The article stated that investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of 2010.

That's a lot of money, and that's bad news for the economy. Generally, once a recession is ending, the small investors come back to the stock market. Today, since they're still fleeing the market, this means we might see a longer recession. "


– Excerpt from Robert’s Conspiracy of the Rich bulletin.

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