What if US market surges?

October 4th, 2008

US stock market surge but the credit crisis problems remain. What will happen, when we all have a heavy price to pay, does not matter we like it or not, which may include loosing your house.

The Dow Jones Industrial standard skips 485 points or 4.7%, with the Nasdaq showing similar percentage put on. We are very well aware that how the US stock market reacted the day after the night before. The market put on the hope that it makes improvements of US$700 billion bank rescue package would head back to Congress as early as this week for approval.

It could affect many more peoples by losing their houses, some will loose their whole earned money, some will loose their jobs and some will lose their huge amounts of money invested in the stock market. Regrettably, there is little can be done. Still the market forces will mostly play out with the bail out bill. The game of Russian roulette would be played without the bill and now knowing financial institution was going to be the next to fail, and when.

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