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Stock Markets: When Will the Bull Return?
(BusinessWeek Online)

March 7th, 2009 · No Comments

In this March 2, 2009 file photo, a specialist works at his post on the floor of the New York Stock Exchange. Many analysts generally think the market has endured the worst of the bear market. But given that stock-price declines so far have been far worse than all but the gloomiest Wall Street gurus had expected, most aren't willing to say how much further stocks might fall.  (AP Photo/Richard Drew, File)BusinessWeek Online – The stock market is crashing — slowly, and in plain view of the people who count on it most. The 53% plunge in the Dow Jones industrials since October 2007 has wrecked the college- and retirement-savings plans of millions of investors. It has permanently lowered the long-term investment projections of private endowments and pension funds. It has sent corporate compensation experts scrambling to figure out how to reward top employees. All told, more than $10 trillion of stock market wealth has vanished, and with it the confidence that springs from financial security.




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[Source: Yahoo! News: Business]

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