Nov 12 2008
Dow sinks 661 points in three days
The Dow Industrial Average has sunk six hundred and sixty-one points in the last three days. This is very shocking. I would have thought that with the fact that there is a new incoming president that will now be in charge of the country’s economic problems. I think that the fact that a new president has been elected can give way to an unstable economy. I mean you feel uncomfortable about investing because you do not know what to expect from the new president or his new administration. The Dow has been on shaky ground for a while. Investors are very hesitant and want to feel like their money will be safe in the stock market. I hope that the stock market gains momentum and increases. It is important for consumers to be confident so that consumer spending and investing increases. What do you all think of this news about the Dow?