America adjusts to the new normal-part 2

America adjusts to the new normal-part 2

fiction
edward w pritchard

We were coming out of the three day crash in stock prices. Of course it was much longer than three days of price declines but only the last three were the true white knuckles time. The times when individual investors saw all their dreams and plans dissolve as the stock market relentlessly destroyed our dreams and aspirations.

After the crash and return to normalcy the stock market rose slowly, not like it fell but up a little now and then and we began to breathe again. However, several sectors stubbornly refused to recover. No matter how much buying there was of the stocks in general, those stocks in the social networking sector refused to recover, prices continued to fall and social networking stocks prices fell and fell. Government began to promote special programs, launched by congressmen from States where the social networking companies were located to support the stock prices  of social networking companies; but nothing worked. Some sectors refuse to recover after a large fall and social networking were following that pattern. Stocks in the social networking sectors fell and fell despite massive buying by hedge funds, institutions and individual investors. Something was a miss but no one figure out why social networking stocks refused to rise despite massive buying by the public, through individual investors, hedge funds and mutual funds and private sectors buying through pension funds, ETF's and foreign governments.

Ominously the social networking stocks were discounting the future. Would America become a world without affiliations, friendships and social interaction? We stopped worrying about it quickly. We found other amusements and those new sectors dominated the charge forward in stock prices.