http://www.midaseffect.com/stock-market/how-does-the-housing-market-affect-the-stock-market-so-much The latest news from the world's markets Tue, 06 Jan 2009 04:47:57 +0000 http://wordpress.org/?v=2.5.1 http://www.midaseffect.com/stock-market/how-does-the-housing-market-affect-the-stock-market-so-much#comment-368 Brian K Sat, 28 Jul 2007 16:04:01 +0000 http://www.midaseffect.com/stock-market/how-does-the-housing-market-affect-the-stock-market-so-much#comment-368 You may get a lot more technical and expert answers on here, but one of the primary problems is that the stock market surged way too high to begin with. The fundamentals haven't changed that much in the last 2 years, but for some stupid reason the stocks ran up from under 12,000 to over 14,000. They got way overvalued, and this "drop" is really more of a correction back down to where their values really should be. It surged from 13,000 to 14,000 really, really quickly for no good fundamentals reason.<br><b>References : </b><br> You may get a lot more technical and expert answers on here, but one of the primary problems is that the stock market surged way too high to begin with. The fundamentals haven't changed that much in the last 2 years, but for some stupid reason the stocks ran up from under 12,000 to over 14,000. They got way overvalued, and this "drop" is really more of a correction back down to where their values really should be. It surged from 13,000 to 14,000 really, really quickly for no good fundamentals reason.
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