A mammoth day on the global stock markets as the Chinese government moved to stem stock speculation and former Federal Reserve Chairman, Alan Greenspan, sparked concerns of softening Chinese and U.S. economies and the affects that would bring also hardship to the rest of the worlds' economies.
Greenspan's chatter sparked the worst single-day losses in many markets since the terrorist attacks of 9/11! The U.S. markets, measured by the Dow Jones Industrial Index (DJIA) lost over 400 points! The Shanghai Stock market lost nearly 9%, it's largest loss in over a decade! (Fortunately, it's already Wednesday in China, and at writing of this blog, the Chinese markets are headed slightly higher lead by Financial Blue Chips.)
Other markets around the globe also felt the drop, as economists, traders, and investors alike were forced to consider more closely the chances of an impending recession as the U.S. economy continues on one of it's longest periods of expansion ever! Greenspan's primary point was that things cannot go on forever and that more and more signs are pointing to the 'R' word by as soon as the end of 2007.
We'll have to wait and see when the right time is to pull the trigger and buy stocks again or to just put that money in your ING account.
news, travel, markets, business, real estate, sports, life, design, architecture, environment, family, friends, pets, etc.
27.2.07
26.2.07
The Hair is Back!
That's right folks, the Vancouver Canucks have reaquired the Hair from the Los Angeles Kings. It's been a couple years since he's been around, but I'm sure he'll be able to fit right back in with the boys without too much difficulty. Who is the Hair? Why it's Sopes, Brent Sopel that is.
24.2.07
End of 2 Eras
Hard to imagine, but two eras came to a swift conclusion since the new year. The first was planned, the second was a bit of a shock to many.
On February 9, 2007 we sold our first home with the help of our realtors. Wierd feelings, but now that its' had time to settle in a bit we're really happy about everything. The place was only on the market for about 10 days when we received our first offer. We accepted it, and here we are, a couple weeks after the fact starting to pack up our lives. As to where we'll be next, that's a good question. Let me know if you have a good answer for it. ;)
February 22, 2007 saw the end of the other era, The O.C.. Seth, Summer, Ryan, Taylor, and the rest of the gang will have to live on in our hearts and DVDs. The summer-time series that could, could no longer. But the series finale was one of the best conclusion-style episodes of any show in recent memory. A few surprises, but overall a good wrap-up of the questions we all had.
On February 9, 2007 we sold our first home with the help of our realtors. Wierd feelings, but now that its' had time to settle in a bit we're really happy about everything. The place was only on the market for about 10 days when we received our first offer. We accepted it, and here we are, a couple weeks after the fact starting to pack up our lives. As to where we'll be next, that's a good question. Let me know if you have a good answer for it. ;)
February 22, 2007 saw the end of the other era, The O.C.. Seth, Summer, Ryan, Taylor, and the rest of the gang will have to live on in our hearts and DVDs. The summer-time series that could, could no longer. But the series finale was one of the best conclusion-style episodes of any show in recent memory. A few surprises, but overall a good wrap-up of the questions we all had.
Subscribe to:
Posts (Atom)