This week it was announced that four major financial institutions failed the Fed’s stress test.
This dooms day scenario staged a 12% unemployment rate and a 50% drop in the stock market. You might want to ask yourself why the Federal Reserve would even conduct such a test unless they thought there was a possibility of this coming to pass.
The video will help you prepare in the event we see a drop in the market.
MARKET INSIGHT DATED 3/16/12
