Stock Market Crash Hurting Consumer Confidence

Discussion in 'Economics' started by tradersboredom, Dec 10, 2008.

  1. tradersboredom

    tradersboredom Guest

    When people see that their investment portfolio or paper losses are 25% loss ,they are reluctant to buy that new car, new house, spend money which in turns leads to lower sales for businesses etc.

    So you have it, the stock market does have an effect on consumer confidence.

    This market crash was a direct result failure of bank and stock market regulators an failure of the banking/insurance/brokerage 'INDUSTRY'

    A recession from financial failure.
  2. Wealth destruction tends to have an affect on people.