Stocks plummeted Thursday, with the Dow plunging around 345 points as mixed retail sales, lower oil prices and dour labor market readings amplified worries about a global economic slowdown.Whiskey. Tango. Foxtrot. You can't win for losing nowadays! I feel like I'm stuck in the movie Memento. No short term memory whatsoever!
Showing posts with label Memento rocked. Show all posts
Showing posts with label Memento rocked. Show all posts
Thursday, September 04, 2008
I'm not an economist ...
... which is why I'm really confused here. I could understand that high oil prices could have an adverse effect on the market. But now, less than a couple of months after cripplingly-high oil prices, the thought of low oil prices is contributing to a slide in the stock market.
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