The tech – laden NASDAQ was hit hardest and plunged about 60% since its peak in 2000. As so many Americans own stocks in times of the New Economy, a big part of the population lost their money on the stock exchange. Today about 49% of American households own stocks, either directly or indirectly for example through mutual funds, compared with only 4% in 1952...
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As so many Americans own stocks in times of the New Economy, a big part of the population lost their money on the stock exchange. Today about 49% of American households own stocks, either directly or indirectly for example through mutual funds, compared with only 4% in 1952. Now that so many Americans lost money on the stock exchange the consumer spending dropped even further...
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