Despite steps made by policy makers in the US to defuse the financial crisis, global fear continued to threat the world market as it is near to global recession. Stock investors are again worried of their shares in the stock market, as the US stocks are seen falling again.
Still others say computerized trading, which has grown significantly in recent years, often kicks in later in the day, when certain thresholds are breached.
But whatever the reasons for the late-day plunges, what is driving the market down is a lack of confidence by investors, who are skeptical that the many measures taken by the government to rescue the financial system will work. Moreover, they worry that the government’s trotting out a new initiative every day or two is a sign that maybe the situation is worse than many thought.
0 comments:
Post a Comment