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You work for Bubba Gumps Gumbo Emporium, where their specialty is Mmmm-mmmm good Gump Gumbo. Your boss just indicated that the S&P 500 (stock market
You work for Bubba Gumps Gumbo Emporium, where their specialty is Mmmm-mmmm good Gump Gumbo. Your boss just indicated that the S&P 500 (stock market index) is down by 10% for the year, and shes concerned what that might mean for Bubbas. What might some of her concerns be? Does it matter that Bubbas is publicly traded, but not part of the S&P? Why or why not?
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