John Mugarian's Dynamic Growth is a website geared for investors looking to safely grow their money with sector mutual funds and ETFs.
Visit John Mugarian's Dynamic Growth
Bird's Eye View: Tuesday, June 17th, 2008: When You Least Expect It !
Posted on June 17, 2008
You know what the news is-- in a minute, you're going to hear the rest of the story - Paul HarveyIf the stock market has taught us anything over the years, it is to expect the unexpected. This holds true for good news as well as bad.As I see it, the subprime mess does not have enough muscle to throw a monkey wrench into the economy. Sure, it can upset the apple cart, but alone it cannot destroy the economy.This being said, what can destroy the economy is the spillover effect which stems from defaults on prime mortgages, lines of credit, credit cards, car payments, etc...These problems occur w...
Original article link
Subscribe to John Mugarian's Dynamic Growth