Apparently the Economic Stimulus plan President Obama signed into law is not being view favorably by the markets. Duh! Did anyone think they would be happy?
This could be dramatically dire for investors if the markets keep going down. But another way to look at this big problem if the fall continues; stocks will be on the 90% clearance table soon!
"Investors' sagging confidence has pulled the major stock market indexes to their lowest levels in over a decade. The Standard & Poor's 500 index fell to April 1997 levels Monday, while the Dow Jones industrial average, down about 150 points, reached its levels of October 1997 as investors succumbed to their growing worries about a recession that has no end in sight.
"People left and right are throwing in the towel," said Keith Springer, president of Capital Financial Advisory Services..."
