Judy, I'm not going against Alan Greenspan's observations. Actually, if the stock market tanks substantially, I might go back in the market again. Also, to stop the panic, the government should try Dubya Bush's tactic many years ago. That's to give a tax rebate to the people --a less expensive option than the Swiss guaranteed income for all its citizen.
---In FairfieldLife@yahoogroups.com, <authfriend@...> wrote : The markets are already beginning to stabilize. It's silly to panic over day-to-day fluctuations, even big ones like this (especially if you don't have money in the stock market!). Far more concerning, IMHO, is the sudden substantial increase in hate crimes against immigrants in Britain after the Brexit vote. ---In FairfieldLife@yahoogroups.com, <jr_esq@...> wrote : Easier said than done, especially if you don't have any money invested in stocks. Next, the Fed would probably cut the interest rate. But it's already near 0 percent now. So, cutting the interest rate would probably not stop the downfall. ---In FairfieldLife@yahoogroups.com, <authfriend@...> wrote : If your money's in the stock market, leave it there. No, Really: Just Ignore Day-to-Day Stock Market Fluctuations http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html No, Really: Just Ignore Day-to-Day Stock Market Fluctua... http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html If you take the long view, what happens this week in the markets is really not a big deal. View on www.nytimes.com http://www.nytimes.com/2016/06/28/business/no-really-just-ignore-day-to-day-stock-market-fluctuations.html Preview by Yahoo ---In FairfieldLife@yahoogroups.com, <jr_esq@...> wrote : The effects of Brexit have not abated. This looks like the summer of discontent for most investors. Where the best place to park your money now? Dow closes 260 points lower as Brexit fallout continues http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp Dow closes 260 points lower as Brexit fallout continues http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp Stocks on Monday continued a rout sparked by Britain’s shock vote to leave the European Union, with the Dow falling more than 250 points after equities on F... View on www.msn.com http://www.msn.com/en-us/money/markets/dow-closes-260-points-lower-as-brexit-fallout-continues/ar-AAhEflD?ocid=spartanntp Preview by Yahoo
