WSJ: Stocks slid Monday morning, extending the previous week's selloff, as investors continued to worry about the economic outlook amid rising inflationary pressures and slower growth prospects.
Because they worry, they take their money out of the US markets and invest it in other world markets. Meanwhile, in other world markets - since the US investors are so worried, the stocks slide too! Because of this global slide, the US investors get good bargains on global stocks and make good money. Which makes them happy. When thy are happy, the stocks price back to normal, and every books profits.
...until, the US investors start becoming worried again.
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1 comment:
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