CHESSNOID

Last week and today’s stock market activity does remind me of 2008 when the markets plunged dramatically from the housing crisis.  The numbers recap is below:
Dow           10,810        -635       -5.55%
Nasdaq        2,358        -175       -6.90%
S&P 500     [...]

I am just watching the stock market and trying to figure out if we are in a bear market again (20% drop). If we aren’t there yet, then the downward trend will get us there soon enough. Of course, I was expecting bargain hunters to buy up shares and send the markets reversing. [...]

Whether you own stocks or not, your life will be affected by this S&P downgrade if you use credit. That is basically what is happening today. Interest rates on home loans, car loans, and credit cards are going up. Honestly, being self employed now, I know I won’t qualify for anything [...]

The Asian stocks fall after US credit downgrade and this video recaps what happened on the first day. The US futures are down big too and will probably open up the same way.  Will the current economy start affecting the stock markets?
The financial experts are talking about a double dip recession, but I think [...]