The S&P 500 is down 38 percent this year, poised for the steepest annual retreat since 1937. The benchmark for U.S. equities has plunged 42 percent since its record in October 2007
November 7, 2008
All you need to know
The S&P 500 is down 38 percent this year, poised for the steepest annual retreat since 1937. The benchmark for U.S. equities has plunged 42 percent since its record in October 2007
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3 comments:
Watch the P/E ratio. It will probably hit bottom before it's down to 4, but I wouldn't say it is there before then.
Now that's a crash
1937 Good Year for Fords. Single year body, upgraded flathead V8, new watdr pump arrangement, back to cast iron new 24 stud heads, insert main bearings new transmission and 2 speed rear available. Hood lifts up from the front and improved suspension. Available in many body styles and colors.
Every working american could buy one and many did.
Contrast that to the last gasp of the dying Bushco-Cheneyburton failure.
GM may be history soon and Ford not much better. Chrysler is dead.
Can you comprehend the trouble we are in?
Enjoy Wal-Mart. Have a large Fried Dough and a gallon of cola for me...
Censure Bushco TODAY.
DIE U PIGS
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