In good news, oil is back to September 2007 prices. (In bad news, gas was still $3 a gallon then, so, uhh ...) WHAT DOES IT MEAN. It means the numbers are finally coming in to back up the gloom. Nobody in the stores, no demand for gasoline as people have no jobs, no money, and use their car as a "rusty tent." So, we're back to Black Friday territory, from last week. DON'T EVER LOOK AT YOUR 401(k) AGAIN.
Dow Drops 733, S&P Down 9%, Worse Since '87 Crash
Dow Drops 733, S&P Down 9%, Worse Since '87…
Dow Drops 733, S&P Down 9%, Worse Since '87 Crash
In good news, oil is back to September 2007 prices. (In bad news, gas was still $3 a gallon then, so, uhh ...) WHAT DOES IT MEAN. It means the numbers are finally coming in to back up the gloom. Nobody in the stores, no demand for gasoline as people have no jobs, no money, and use their car as a "rusty tent." So, we're back to Black Friday territory, from last week. DON'T EVER LOOK AT YOUR 401(k) AGAIN.