englishpod_0208dg

Elementary ‐Global View ‐ Understanding The
Stock Market (C0208)
A: Sorry to bother you sir, but I have some bad news.
B: What is it?
A: Well, the stock market just took a huge plunge and
we’ve lost a lot of money!
B: What do you mean? What happened?
A: There are many factors that weigh in, but NASDAQ is
down 200 points, the DOW JONES indicator also suffered!
Our portfolio is worth half of what it was worth points
59
week ago.
B: How is this possible? You are supposed to be talking to
our stockbrokers and making sure that our securities and
investments are safe and making a profitable return!
A: I know sir! We didn’t expect a bull market to become a
bear market all of a sudden. On the other hand, you still
have some high yield trash bonds and government bonds
that will give us enough liquidity to cut our loses and
reinvest in emerging markets. We could potentially make
this tragedy work for us and make us think outside the
box.
B: Do what you have to do! One other thing, don’t tell the
rest of the stockholders about this. If they find out, it’s the
end of this company!