Now I didn’t go to business school (woooo liberal arts!) and I don’t know much about money and stocks. But I do know that when people call a random day in September “Black Monday”, and Wall Street firms that I know the names of are in trouble, things are not good.
Still think the economy is fine, McCain? Well, he does. Just this morning he said once again “the fundamentals of our economy are strong.”
If you are like me and need some help understanding what’s going on, here are some links.
http://www.msnbc.msn.com/id/26709927/
http://abcnews.go.com/Business/wireStory?id=5802087
http://money.cnn.com/2008/09/15/markets/markets_newyork2/index.htm?cnn=yes
[Posted by Kathleen]