7 Trillion Dollars in ShareHolder Value GONE

A year ago Wall Street was celebrating the fifth anniversary of a bull market that had created $10 trillion in shareholder wealth since 2002. The Dow Jones IA  and S&P 500 hit all time highs on Oct 9 , 2007.

One Year Later , this current bear market is one of the worst in modern American history and has wiped out more than $7 trillion in shareholder value , with no end in sight.

The Housing & Lending Crisis has Toppled Giant Banks and Financial Institutions , drying up the availability of loans and credit. Without that money flowing into the economy , a rally in stocks is unlikely. Your Wealth is Under Attack from the Federal Reserve.

The only time the general public gets cheap stocks is when the world looks awful – the falling price of stocks has raised potential long term buying opportunities.

With a worsening economic situation in Europe , investors have been selling off pounds and euros and buying up US Dollars. The euro on Tuesday was trading at a 14 month low of  $1.35

1 Comment

Filed under Abundance Wealth, American Economy, Federal Reserve, Investing, Money, US Politics, Wake Up People, Wall Street DowJones, World Events

One response to “7 Trillion Dollars in ShareHolder Value GONE

  1. Sore OOOO

    I love this review i am the mysterious axe man you couldnt identify by the way!

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