Putting the ‘Poor’ In Standard And Poor’s

Posted on 12/26/2008 at 9:13 am by Bob Cesca

This is tragic:

The S&P is down more than 40 per cent so far this year, its worst fall since the Great Depression.

Some of the safest stock market investments are index funds that track the S&P 500. In other words, way too many real people with real people cashflow have been totally screwed by the market alone, say nothing of the broader economy — unemployment, etc…

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  • Strawdog

    W took the fun out of our economy’s fundamentals and left us simply with “da mental.”

  • cminri

    Can you imagine what the stock market and the economy in general would be doing right now had McCain/Palin been in the “on deck” position rather than Obama? I shudder to think about it..

  • incredulous72

    Yep! I’m one of those real people with the real people cashflow that has been SCREWED.Bush’s Christmas gift to the country.