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Narrator A: Comedian Groucho Marx and his brothers have also caught the stock market fever.
Asset managers subcontracted by the government to handle pension funds have not demonstrated any particular ability to insulate public pension money from the implosion of capital values in the Japanese stock market.
As the Browns return to the stock market, they are taking a different approach.
My conclusion: Unless both the stock market and the real estate markets have a synchronized collapse which (although it happened in Japan) I do not anticipate, the growth of consumer spending will slow to below trend over the next few years but not decline and tip the U.
How else can we account for the swings and gyrations in the stock market in recent years?
If the productivity story is a mirage, then overall growth in the economy and in corporate earnings will be slow going forward, it's hard to justify the levels of the stock market and you don't get a rebound as the economy [grows again].
It's commendable that E-Trade has warned customers to exercise caution; but it's also saying that the stock market can't make you rich enough to tell your boss to take this job and shove it.
Kemp spoke next, and trumped Archer's story about Regina Jacobs with his own tale of a waitress in New York who invested $4,000 in the stock market in 1946 and ended up with $22 million.
China's stock market saw a particularly bullish year - it went up approximately 80% in 2006.
If you turn on the evening news, a financial reporter will tell you whether the stock market went up or down.
A recent survey found that the percentage of African Americans who earn at least $50,000 annually and who invest in the stock market increased 30% over the last five years--more than seven times greater than the rate of increase for white Americans over the same period.