"People don't trust the market anymore," says financial historian Charles Geisst of Manhattan College. He says a "crisis of confidence" similar to one after the Crash of 1929 will keep people away from stocks for a generation or more.
Outlet Full Name:
New Haven Advocate
News Date:
Friday, December 28, 2012
News Headline: Recession-rattled Investors Lose Faith in Stocks
News Text:
"People don't trust the market anymore," says financial historian Charles Geisst of Manhattan College. He says a "crisis of confidence" similar to one after the Crash of 1929 will keep people away from stocks for a generation or more.