In a struggling and uncertain economy, Wall Street pressure has taken a toll on the minds of most investors. Many have pulled their money out of the stock market entirely; others will never see their income return to the levels achieved only two years ago. Since then, American investors have lost trillions of dollars in the market, which has subsequently evolved into one overriding mindset: Mistrust.
"Loss of faith in the system has led to a huge amount of money fleeing the market," says psychologist Donald Moine, Ph.D, who specializes in business and investment. He suggests that a system-wide distrust in CEOs, market analysts and stockbrokers has weakened the overall financial health of the economy.
"The other thing that is happening? Investors are depressed," continues Moine. Despite the government's urgings, consumer spending-the bulwark protecting the American economy-is now showing signs of weakening. "That could have severe consequences for the economy," Moine warns.
