Archive for April, 2008

The Great Economic Disconnect

It was another exciting day on Wall Street.  The Dow gained just under 400 points on beliefs that the United States economy had already hit rock bottom.

If you look at today’s headlines, you will notice that the news was far from encouraging.  Some of the headlines include:

Automakers see Sales Fall in March
Truckers Protest High Fuel Prices
European Banks See $23 Billion Sub-Prime Hit
Construction Spending Falls Again in February
Congress Questions Big Oil’s Profits
Food Price Hikes Changing Eating Habits
Manufacturing Activity Contracted in March Read the rest of this entry »

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