US Markets have hit levels not seen since 1997; read pre Bush levels. These are lows we did not see even at the worst of the Dot Com bust. These are the lowest levels in almost twelve years. There was a roughly 3.5% drop across the board.
Guess that markets do not like all these bailouts and talk of nationalizing the banks?
More at http://finance.yahoo.com/news/US-major-stock-market-indexes-apf-14441182.html and http://www.bloomberg.com/markets/index.html?Intro=intro_markets.
The Rasmussen Consumer Index also sunk to a low never seen before in the seven year history of the index (more at http://www.rasmussenreports.com/public_content/business/indexes/rasmussen_consumer_index).
Monday, February 23, 2009
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