The recent stock market woes have many wondering if a second recession is possible, but according to some analysts, the market isn’t struggling based on financial problems in the U.S. alone, rather a combination of world and national problems.
Steve Henry of CSH Investments in Taylorville explains that a big drop in the market isn’t a surprise to him with the cycles that are common with the market.
[audio:steveh810a.mp3]Listen to Henry's comments here.[/audio]
Henry adds that global financial problems will continue to be a factor in what happens in the market situation in the U.S.
[audio:steveh810b.mp3]Listen to Henry's comments here.[/audio]
Despite closing at nearly 650-points lower on Monday, the NASDAQ finished up at nearly 430-points higher on Tuesday.