I graduate from high school in 09 and I want a job that involves the stock market, but it seems it might go bankrupt. do you think it will?
May 14, 2009
Is wallstreet going to go bankrupt?
I graduate from high school in 09 and I want a job that involves the stock market, but it seems it might go bankrupt. do you think it will?
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Nah, it’s going to go up sooner or later, it’s the US mortgage problem, it’ll be better in a couple years.
Comment by Joeeeeeee — May 17, 2009 @ 12:41 am
No way, and really if anything low market values would help you turn a profit when the market rises agin.
Comment by Physics Student — May 19, 2009 @ 12:27 pm
Technically, it can’t. Wall street trades the stocks for all the US publicly traded corporations. The majority of these corporations would have to close.
Some trading companies may close or merge.
Comment by Richard D — May 22, 2009 @ 12:12 pm
Wallstreet is not a corporation which owns stocks etc., as Mobile Exxon
How could it go bankrupt. .
Comment by dude I — May 25, 2009 @ 7:50 am
I think is impossible.
wall-street will be go up at 2009
Comment by Toni — May 28, 2009 @ 9:10 am
Wall Street? Wall Street is just a street in New York, it can’t go bankrupt.. But if you mean the companies that are traded on the stock market, then no. For all of them to go bankrupt, that would mean every single big store would close down. No more Wal-Mart, Best Buy, Circuit City, Google, Yahoo, and all the commercial banks wouldn’t exist. That would mean that the United States would have no economy. That’s pretty much impossible to happen.
Right now, the companies are just dipping in value to a point where it hasn’t been in years. However, that’s the nature of the stock market, it goes up and down, up and down, you just can’t tell when it’s going to go back up again. It may go up next month or keep going down until next year, or maybe even 5 years later.
Comment by tdoan89 — May 29, 2009 @ 12:02 am
No the government has bailed them out. In a year or two things will be back to normal. But I hope an investigation will focus on the CEO and others who took millions as they are calling the government for help. They need to pay for their choices.
Comment by doris_38133 — June 1, 2009 @ 7:23 am
The investment market is a long term market place, it goes up, and it goes down,……
The smart people are buying right now, because the market is the lowest in years….
This is the “low” in “buy low, sell high”
What you have to watch for are bargains in companies that won’t go bankrupt .. companies that make electrical transformers,rock crushers,power line cable, railroad cars… those are cheap right now, 3-4 years from now those products will be in demand..
The market won’t go away.. but it not a job for the faint of heart, it’s a roller coaster ride, you buy when everyone is selling, you sell when everyone is buying….
Comment by Sophie B — June 4, 2009 @ 1:30 am
There are a lot of problems right now with the economy, the stock market will always be there, investors are just tight with their money right now and that’s understandable. Plus we are in an election year. Most of what is happening was created by the banks writing bad loans with no regulation and now they are being called out on it. Unfortunately the taxpayers are having to bail out the very people that caused the problems. They have hurt a lot of people for their own financial benefit. Once the bad people are shaken out things will improve. I can’t say when things will improve but please don’t give up pursuing your dream.
Comment by cmacjr23 — June 6, 2009 @ 3:40 am
It will go lower but we will come back up. We been through great depression we can get through this too.
Comment by Arsman — June 7, 2009 @ 7:36 am