A University of Nebraska economist cautions against panicking about the dramatic ups and downs of the Stock Market.
Eric Thompson says low interest rates and strong corporate earnings have been pushing the Dow Industrial Average to record highs…and when expectations aren’t reached, the Stock Market pulls back. . .
Thompson notes the Stock Market has risen enormously the last few decades, so the large declines aren’t as big a percentage drop as in the past.
Thompson says, in the long run, the value of assets…including stocks…should continue to rise.
