Brutal Losses on S&P 500

February 13, 2009 at 10:34 pm 1 comment

The brutal losses of the stock market are very depressing. Every day I turn on CNBC, it seems that it is doom and gloom. THe AP reports sales for the S&P 500 companeies are down by 9%.8 and companies lost $10.44 a share.

Will it get to the point where that investors will see terrible numbers with relief just because they did not meet the worst of expectations? I have no idea. All I know is the losses are staggering and death-defying.

All this wants make me is give up and throw in the towel. There is no way to make money unless I keep my money in a 1% interest-bearing savings account. Oh well.

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Entry filed under: economy. Tags: , , .

A Blast From The Past: Jim Carrey on In Living Color Dems and Obstructionist Republicans

1 Comment Add your own

  • 1. Angellaa  |  February 24, 2009 at 8:30 am

    Hmm, very cognitive post.
    Is this theme good unough for the Digg?

    Reply

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