Stock market losses wipe out $9 trillion from Americans' wealth.

Ego is the Enemy

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Mar 21, 2014
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Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending.

Americans' holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year, according to data from the Federal Reserve. With major market indexes falling even further since early July, and the bond market adding further losses, market experts say the current wealth losses from financial markets could total $9.5 trillion to $10 trillion.Economists say the drops could soon start rippling through the economy, adding pressure to Americans' balance sheets and possibly hurting spending, borrowing and investing. Mark Zandi, chief economist of Moody's Analytics, said the losses could reduce real GDP growth by nearly 0.2 percentage points over the coming year.
 
Your losses my gain ndio maisha yalivyo. Unapolia mie nacheka. Waliokaa na stocks ya mchele wakauza mwaka huu wanacheka na waliowahi kuuza mapema wanajuta ndio uchumi ama maisha yalivyo. Ni ngumu mno wote kucheka simultaneously. Ukiuza share zako za nmb mie nazinunua after ten or five years unalia ama unacheka mie nacheka ama nalia
 
Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending.

Americans' holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year, according to data from the Federal Reserve. With major market indexes falling even further since early July, and the bond market adding further losses, market experts say the current wealth losses from financial markets could total $9.5 trillion to $10 trillion.Economists say the drops could soon start rippling through the economy, adding pressure to Americans' balance sheets and possibly hurting spending, borrowing and investing. Mark Zandi, chief economist of Moody's Analytics, said the losses could reduce real GDP growth by nearly 0.2 percentage points over the coming year.
Mambo ya 2008 ya watu kupoteza pesa na kupoteza makazi naona yanajirudia tena.
 
Mambo ya 2008 ya watu kupoteza pesa na kupoteza makazi naona yanajirudia tena.
Kwa safari hii sidhani. Ila value za house zilishuka thamani mno. Muda huo mkuu nasikia mtikisiko wa kiuchumi wa dunia hata sijui inakuwaje,yaani Kama jinamizi Ila saivi naweza nikaona kinachokuja mbele yetu hapa Jeff Benzos anaenda kupiga pesa ama anaenda kupoteza pesa
 
Kwa safari hii sidhani. Ila value za house zilishuka thamani mno. Muda huo mkuu nasikia mtikisiko wa kiuchumi wa dunia hata sijui inakuwaje,yaani Kama jinamizi Ila saivi naweza nikaona kinachokuja mbele yetu hapa Jeff Benzos anaenda kupiga pesa ama anaenda kupoteza pesa
Aisee, ngoja nisikie bwana Kiyosaki anasemaje kuhusu kipindi hiki maana alipredict hii market crash
 
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