Gothamist: Markets Continue Plummeting As Recession Fears Persist

dsmith1000

Fri, 07 Nov 2008 14:08:33 -0500

Plummeting? Funny, the Dow is higher than it was a few weeks ago when it hit around 7500. I think reporting like this is a little harsh and actually hurting the situation. This might be the new baseline and it's going to take time for the market to regrow and for confidence to be restored. When is there going to be a good review, when it snaps back 7000 points and is back to its old overinflated state? It isn't going to happen and Gothamist and every other reporting outlet talking like everyone is screwed for life isn't helping. Just state the facts and let the public decide whether to be scared or not.

Politburo

Fri, 07 Nov 2008 11:25:52 -0500

Except that's not true.. I can recall at least one housing report that was positive. Did you have a point?

hitlerbaby

Fri, 07 Nov 2008 09:56:03 -0500

There are, however, several economic reports released each day, and all of them have been negative since the MIDDLE OF SEPTEMBER!!! SHUT UP!!!

Politburo

Fri, 07 Nov 2008 08:58:34 -0500

To say it is a reaction to Obama is to jump to conclusions. There is no evidence pointing to such. There are, however, several economic reports released each day, and all of them have been negative since the election. Occam's Razor, folks.

jterry121

Thu, 06 Nov 2008 22:46:51 -0500

The Stock Market has crashed over 7000 points under George W Bush- thats reality

NYCSniper

Thu, 06 Nov 2008 21:02:17 -0500

I don't think it'd be worse with McCain, necessarily. This is definitely inevitable, but to say it isn't a reaction to Obama is to deny reality.

Shinobi Shaw

Thu, 06 Nov 2008 20:29:48 -0500

Of course it would have been worse with Mc Cain, but the point is that it does not mater who was elected. This is going to happen anyway, with Obama it's just delaying the inevitable. There will be a 'solution' brought soon though......

jterry121

Thu, 06 Nov 2008 19:15:45 -0500

If McCain was elected, the market would have dropped 2000 points, and the entire world would hate us even more and refuse to invest in America.

jterry121

Thu, 06 Nov 2008 18:52:40 -0500

BUSH's Going away Present - What an epic failure

HUGO_MEGO

Thu, 06 Nov 2008 18:49:05 -0500

It is just a natural thing to happen after THE ONE has ascended to his throne.

drewo

Thu, 06 Nov 2008 17:30:17 -0500

Soon it will be raining penny stocks from heaven.

NYCSniper

Thu, 06 Nov 2008 17:23:37 -0500

Good-Bye!

NYCSniper

Thu, 06 Nov 2008 17:23:22 -0500

Hey... Hey... Hey...

Shinobi Shaw

Thu, 06 Nov 2008 17:23:07 -0500

I feel sorry for those who think the Economy is going to get fixed within the next two years, it's actually going to get worse. This is bigger then Obama, even he can't fix it! Recession until 2009? BHAW! Please, we are looking at least until 2012. The hyper inflation will commence sometime next year. A new solution lingers around the corner.....

NYCSniper

Thu, 06 Nov 2008 17:23:03 -0500

Na Na Na Na...

NYCSniper

Thu, 06 Nov 2008 17:22:51 -0500

Na Na Na Na...