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Pastimes : The Big Picture - Economics and Investing
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To: greenspirit who wrote (498)12/9/1997 12:12:00 AM
From: Bonnie Bear  Read Replies (2) of 686
 
Michael: just a thought: most employers create demand for stocks by offering "free" stock purchase with the 401K plans, and offering stock instead of bonus and salary to keep wages down. In a company with limited shares outstanding it drives the prices up. So buying of pension plans contributes a lot to demand. We may not see a downside to the market until unemployment goes up.
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