• Dow plunges 680 points on news recession began in Dec. 2007• Clinton's close India ties may complicate Obama's foreign policy • Orphan of slain rabbi in Mumbai terrorist attack heads to Israel • Bomb blast kills one, wounds 22 at Bangkok's blockaded airport • JPMorgan to eliminate about 9,200 jobs at Washington Mutual • Teenage girl saves younger brother from their burning home • Huge Italian white truffle sells at auction for $200,000 • NFL · NCAA Football · NBA · NCAA Hoops · NHL · Soccer
Market Summary Symbol Last Change Dow 8,149.09 -679.95 -7.70% Nasdaq 1,398.07 -137.50 -8.95% S&P 500 816.21 -80.03 -8.93% 10 Yr Bond(%) 2.7190% -0.2380
Recap:
Terror in India(another factor beside the one I mentioned earlier) sent loud and clear message in US....US Gov. trembling from possible Islamic attacks and thereto voluntarily taking money from stock market or public circulation....
The prediction or forecast for the future in US is....obvious and not difficult to guess(huge unemployement, stocks for zero or less, total house market crash etc.).
Government will try to obtain as much as possible foreign financing or investments on US soil(in order to lower risk from possible attacks), what will not be easy any longer. US Gov. obviously beleives that mentally sick crowds and China are savior and solution to the problem. Uncapable of realising that this situation is totally different from what was Great Dipression...US is afterall in the war right now what too many in congress fail to understand.
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• Dow plunges 680 points on news recession began in Dec. 2007• Clinton's close India ties may complicate Obama's foreign policy
• Orphan of slain rabbi in Mumbai terrorist attack heads to Israel
• Bomb blast kills one, wounds 22 at Bangkok's blockaded airport
• JPMorgan to eliminate about 9,200 jobs at Washington Mutual
• Teenage girl saves younger brother from their burning home
• Huge Italian white truffle sells at auction for $200,000
• NFL · NCAA Football · NBA · NCAA Hoops · NHL · Soccer
Market Summary
Symbol Last Change
Dow 8,149.09 -679.95 -7.70%
Nasdaq 1,398.07 -137.50 -8.95%
S&P 500 816.21 -80.03 -8.93%
10 Yr Bond(%) 2.7190% -0.2380
Recap:
Terror in India(another factor beside the one I mentioned earlier) sent loud and clear message in US....US Gov. trembling from possible Islamic attacks and thereto voluntarily taking money from stock market or public circulation....
The prediction or forecast for the future in US is....obvious and not difficult to guess(huge unemployement, stocks for zero or less, total house market crash etc.).
Government will try to obtain as much as possible foreign financing or investments on US soil(in order to lower risk from possible attacks), what will not be easy any longer. US Gov. obviously beleives that mentally sick crowds and China are savior and solution to the problem. Uncapable of realising that this situation is totally different from what was Great Dipression...US is afterall in the war right now what too many in congress fail to understand.