Anonymous
Anonymous asked in Business & FinanceInvesting · 1 month ago

are the biggest banks just waiting for the ripe time to crash the stock market as hard as possible and rip off all the other investors?

this is  what they did at the end of Oct. 1929?  why, how true? how does it work just like a fisherman pulling up a net with the most fish as possible. they are just waiting for the right. or ripe time?

Update:

If think about it...they have been manipulating the stock markets all year, by pumping endless Q.E. into stock futures and bonds and what if they dont do that and instead sell? what happens then? on a domino effect ?

2 Answers

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  • Bryce
    Lv 7
    1 month ago
    Favorite Answer

    Some CEOs are saying the economy will take 3 to 10 years to return to normal because of the pandemic.  That means airlines, cruise ships, hotels, restaurants, vacation destinations, movies, casinos, bars, gyms, sporting events, aircraft manufacturers, and many other businesses will have reduced business.  And that means less economic activity, which means the stock market will go down.

  • Judy
    Lv 7
    1 month ago

    uh, no................................................

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