Not even the promise of unlimited government bailouts could keep the market positive today. Monday's are usually gloomy days on Wall Street, so the key will be what happens tomorrow and Wednesday. If the Dow closes below 10,000, I'm not sure enough money can be printed to save the day.
Oil and gold are on the way back up. No big surprise there given the market.
Surprisingly enough, no one seems to care much about global warming now that the value of their house is dropping, and their investments are vanishing along with their jobs. So it's probably non-news that South Africa is having the coldest weather ever recorded. Because we know that global warming causes freak snow storms, right?
Gotta go; dinner is ready.
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2 comments:
This is the only report I've seen on the NASA state of the sun press conference today....
Funny how conformation of global warming, however tenuous, is blasted into everyone's face for days on end. But given something that we have actual historical data on that indicates that we may be in for global cooling, and it barely gets mentioned.
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