The Markets

iVillage Member
Registered: 08-26-2007
The Markets
30
Thu, 11-06-2008 - 4:52pm

The Markets are always going to fluctuate up to and right after an election, but because we have a real economic crisis right now it is interesting to watch.


Just my Humble opinion, but I would said that

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iVillage Member
Registered: 08-24-2008
In reply to: jbgattuso2007
Fri, 11-07-2008 - 1:07pm

The market was improving quite a bit today until the GM annoucement ( $2.54 billion third-quarter loss and possibly going to run out of money in the coming year).


 

iVillage Member
Registered: 08-24-2008
In reply to: jbgattuso2007
Fri, 11-07-2008 - 1:09pm

Yes, and also

 

iVillage Member
Registered: 03-19-2003
In reply to: jbgattuso2007
Fri, 11-07-2008 - 5:24pm
Thanks.
iVillage Member
Registered: 08-24-2008
In reply to: jbgattuso2007
Fri, 11-07-2008 - 6:40pm

Ouch!


I understand re: a travelling spouse (my wife was previously an actor).

 

iVillage Member
Registered: 03-19-2003
In reply to: jbgattuso2007
Sat, 11-08-2008 - 1:34pm
Lately I have only had 1 hour a day....with 3 boards and e-mail that doesn't give much time to do more than read.
iVillage Member
Registered: 08-24-2008
In reply to: jbgattuso2007
Sat, 11-08-2008 - 5:27pm
*getting you some hot chocolate*

 

iVillage Member
Registered: 10-18-2007
In reply to: jbgattuso2007
Sat, 11-08-2008 - 5:43pm

Actually, I believe that the market was already priced to reflect the expected obama win. If mccain had won, the market was expected to improve.
It has been a few years since I studied finance, but believe the market decline was caused by the turmoil in the market (e.g., investments in mortgage backed securities by AIG). I believe that the recent market decline was more directly related to the unemployment announcement.

Sorry for randomly jumping in,but looks like an interesting board and thread

Heather

iVillage Member
Registered: 08-24-2008
In reply to: jbgattuso2007
Sat, 11-08-2008 - 6:10pm
Welcome to the board :)

 

iVillage Member
Registered: 03-19-2003
In reply to: jbgattuso2007
Sun, 11-09-2008 - 12:00pm
Thanks!!
iVillage Member
Registered: 03-19-2003
In reply to: jbgattuso2007
Sun, 11-09-2008 - 12:02pm
Jump in and thanks for your thoughts!


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