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Friday 29 July 2011

Investors differ over debt debate's stock impact

Investors differ over debt debate's stock impact


If the government doesn't get its act together with its debt limit, there's growing concern the stock market will react negatively
But highlighting just how unthinkable it would be for the U.S to default or have its credit rating downgraded, investors are threatened.
Most investors see any major setback in the creditworthiness of the U.S government, especially a lack of any agreement to avoid default, as a negative.
Financials and home builders were much effected during the stock market's woes in the credit crisis of 2008, there were areas that were hurt more than others.

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