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So if everything financial is doomed then who is buying all the stocks?

 
Mrpcar
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User ID: 1571342
United States
10/18/2011 10:21 PM
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So if everything financial is doomed then who is buying all the stocks?
I mean, there is not a single good news in the financial market, and yet stock market goes up. So who is actually not buying all the stocks? As far as I know all the private sector is not buying anything. So where does the money come from?
Anonymous Coward
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10/18/2011 10:26 PM
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Re: So if everything financial is doomed then who is buying all the stocks?
I mean, there is not a single good news in the financial market, and yet stock market goes up. So who is actually not buying all the stocks? As far as I know all the private sector is not buying anything. So where does the money come from?
 Quoting: Mrpcar


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Anonymous Coward
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10/18/2011 10:31 PM
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Re: So if everything financial is doomed then who is buying all the stocks?
...the stock market is tomorrow not yesterday or today...remember 88%ish employment is very strong consumers..businesses are making a profit, Ford is vamping up production, domestic oil preduction is growing huge, shale not off shore as well as all the service for those businesses. You can look at the 10-14% unemployment and say the 88% will all be unemployed or the 10-14% will be joining the 88%. Those who invest see a better time ahead than you...time will tell.
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