Tuesday, December 9, 2008

Stock Markets Rising and Falling

Today I read an article in the Star Tribune about the current standing of some of stocks in America. This article was called, “Investor unease sends stocks down”. We all know that America is going through some rough times with the economy right now and this week didn’t show much more change. Just this week The Dow Jones industrials companies stock fell 2.72 percent. They blame these changes from people who are scared to invest their money or are simply trying to sell the shares while there still worth anything. With the economic downfall there are positives. This week crude oil fell $1.64 to end with a cost of $42.07 a barrel on the New York Mercantile Exchange. When Marian Kessler was being interviewed on his current economic views he stated that. “The markets are just expressing a tremendous amount of ambivalence about the future”. He closed the interview with the answer that so many Americans are dreading saying, “The market is grappling with what is certainly going to be a fairly deep recession in 2009."

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