After what happened, I’m surprised this is all it fell.
Sherman: “We’ve had the devil’s own day today, haven’t we?”
Grant: “Yes. Lick ‘em tomorrow, though.”
Shiloh, TN, April 7, 1862.
BUY!!!
(everything is on sale again!!)
Let’s see how the media cover this on the 6 PM news - doom, gloom, scare people, Bush bad.
Market fears regulation from Obama if he wins (that’s in the back of the markets mind). Though I am surprised the market hasn’t been rallying since it became clear McCain would win.
It held pretty steady at 300 for most of the day and then took a dive before closing.
The market has been pretty much falling since SanFranNan and the dem’s took over two years agao.
I'm glad the Fed didn't spend even more taxpayer money for the purpose of isolating businesses from the natural consequences of their actions.
There's a lot of blame to go around, unfortunately.
Maybe, when we get to the other side of this, we'll all be wiser and stronger.
Please pray for our nation.
re: Dow Closes Down 504.48
Is that a record? If not, it’s a damn good average.
The market goes up
The market goes down
(repeat at leisurely pace)
It’s just a flesh wound.
renting apartment, city job, pension, benefits, overtime, deferred compensation.
That is putting it mildly
Don’t worry. The federal government has plenty of green ink, silk paper and printing presses. They won’t run out of bailout money.
/sarcasm
It is gonna be a long week. There are several reports waiting to be released this week. It could get alot uglier.
* Consumer price index (Aug. 2008): Tuesday 8:30 AM
* NAHB housing market index (Sep. 2008): Tuesday 1:00 PM
* FOMC interest rate decision (Sep. 2008): Tuesday 2:15 PM
* Housing starts (Aug. 2008): Wednesday 8:30 AM
* Leading economic indicators index (Aug. 2008): Thursday 10:00 AM
So much of this boils down to one basic issue- Bad Loans!! Give it 9 months and things will look very different. The problem is we only have less than 2 months until election day, this brings me to my rant.
Someone needs to shut Greenspan up. He is part of the reason we’re in this position and his comments on McCain’s proposed tax cuts- what is the old saying, “With friends like this, who needs enemies”. Tell everyone you know Greenspan is part of the problem here!
“TURN THOSE MACHINES BACK ON!”
Does character count yet?
I want justice. I would like to see the morons that ran these banks into the ground thrown in jail. If a normal citizen handled our finances the way they do, we would be in the big house.
I hate to say this. But we need more regulation. for ethics.