Earn What You Spend

Archive for the ‘recession’ tag

Depression or Recession?

Are we heading for a recession, or a full-blown depression?
Gut-wrenching is the phrase I’m hearing most often in relation to the stock market.  This particularly disturbing headline caught my eye earlier: the S&P500 is down 32.92% for the year-to-date.  Wow.
The difference between a depression and recession is primarily semantic; while the uncertainty we’re currently feeling [...]

Written by William

October 8th, 2008 at 9:42 pm

Posted in Economy

Tagged with , , ,

Stock Fall Watch, Continued

The markets just keep getting scarier.
We’re now at 1999 levels in the stock market, and some are now calling this decade completely lost:
It took eight-and-a-half years for the Dow Jones Industrial Average to march from its first 10000 breakthrough to its peak around 14000, and less than a year to fall below 10000 again. Now, [...]

Written by William

October 8th, 2008 at 12:53 pm

Posted in Stock Market

Tagged with , ,