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Economy (Stock Market)

By Joe W.
Ohio, Age 12

I believe that the stock market needs to stop having a rollercoaster ride and have a turning point for the end of this year and the beggining of next year. I think it was smart to bail out Frannie May and Freddie Mac. But we have to stop doing this unless we know it is a good decision. We should focus on the housing market and the unemployment rate in our country right now. I think if more peple believe that everything is safe, which means if people start buying again the trading will increase and the stock of companies will rise. If we can find this out i would think that the 2nd or 3rd quater earnings would higher than they would probaly be at the end of the fourth quarter this year.