Bubble conspiracy theory
Posted by Mark Washburn on Tuesday, September 6, 2005 at 4:05 AM
By Mark Washburn / September 6, 2005
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Is there a grassy knoll on Wall Street???
Here is a new one.........the stock brokerage industry has invented the real estate bubble to scare investors back into the stock market. This idea was put forth by Philadelphia Enquirer columnist Al Heavens.
I have no idea whether or not there is any truth to this rumor, but I do know that every time I move money out of the market and into a property I get the same real estate bubble lecture from my broker. A couple of my fellow investors have also been on the receiving end of this speech when they too moved some money out of the market.
I wonder if the brokerage firms preach this message to the troops during the pre-opening bell squawk box pump-up sessions that these firms hold each morning.
Bubble or no bubble, a pop will be trouble [Philadelphia Enquirer]
Here is a new one.........the stock brokerage industry has invented the real estate bubble to scare investors back into the stock market. This idea was put forth by Philadelphia Enquirer columnist Al Heavens.I have no idea whether or not there is any truth to this rumor, but I do know that every time I move money out of the market and into a property I get the same real estate bubble lecture from my broker. A couple of my fellow investors have also been on the receiving end of this speech when they too moved some money out of the market.
I wonder if the brokerage firms preach this message to the troops during the pre-opening bell squawk box pump-up sessions that these firms hold each morning.
Bubble or no bubble, a pop will be trouble [Philadelphia Enquirer]
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