Wednesday, June 17, 2009
Watching The Dow
There are some who think we haven't seen the bottom of this market yet. The chart above tracks the Dow alongside the Market during the Great Depression. Remember, we still have a tidal wave of foreclosures on the horizon, many credit card defaults, and the commercial real estate market is in a real world of hurt. Millions are still unemployed.
So, how's that Bush/Obama Stimulus helping you?
(Yeah, I didn't think so.... but your heirs will be paying for it big time)