I'm no economist and I won't even play one on this blog but what the hell is going on with the economy?
Financial icon Bear-Stearns goes from behemoth to oblivion in a weekend? The Dow take the news and battles back to positive territory?
Can someone please explain what the hell is going on?
I kinda doubt it as it seems that those who should know are not sure as well.
This morning it looked like the entire financial world was imploding and now some are saying we may have hit bottom and seen the worst of it.
It seems that Bush is allowing his economic experts take care of business:
"This may be the beginning of the end of the crisis; the Fed has made it clear it will do anything to avoid a calamity -- just the confidence boost the market needed," said Jeffrey Kleintop, chief market strategist, LPL Financial.My head hurts.
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