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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (896)1/29/2001 2:49:14 PM
From: sea_biscuitRead Replies (2) | Respond to of 24758
 
A declining stock market doesn't generate lower profits except for brokerage houses.

Apparently not. A declining stock-market diminishes or even reverses the "Wealth Effect" that results in lower profits for companies like JC Penney that are in a sector very different from brokerage houses.