But if you don't invest in stocks, how can you be affected?
Market shocks affect the entire economy (through expanding and contracting credit, etc.). If one does a cannonball into a pool, how can it affect anyone else in the pool?
I wrote in my post that it might lead more people to buy stocks, but that's entirely their fault.
I don't see how one rising stock might affect anyone who is not investing in the stock market. The cannonball analogy doesn't hold.
http://en.wikipedia.org/wiki/Stock_bubble#Positive_feedback
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But if you don't invest in stocks, how can you be affected?
Market shocks affect the entire economy (through expanding and contracting credit, etc.). If one does a cannonball into a pool, how can it affect anyone else in the pool?
http://images.google.com/images?q=pool+cannonball