Investors Flee Stock Market, Do Not Look Back

By Judi Hasson When the stock market goes up, investors jump in. When the market goes down, they often flee. But occasionally moments of outright panic occur. This feeling is now being experienced across the globe by millions of investors overwhelmed by developments - the mortgage-default crisis, the credit freeze, bank failures and the extraordinary interventions and bailouts by governments and central banks around the world. Institutional investors and big players seek to salvage what they can and find some safe ground. The small investors, including those with retirement accounts in the stock market, are feeling helpless as they get buffeted by events beyond their control or understanding. Joel Naroff, president of Naroff Economic Advisors in Holland, Pennsylvania, told America.gov that, to some extent, there is very good... [read full story]