Market trends
I used to have this sort of vague idea that I would let my son pick a stock and buy a few shares of it as a way of providing a lesson in economics and finance. I just checked, and in his lifetime the S&P 500 is now up a mere 1.1%. That's worse than my interest-bearing checking account's 0.1% APR. But more of you reading this blog know Isa. In her lifetime? Down 16.2%.Labels: capitalism, finance, sub-prime mortgages

2 Comments:
john predicts that tomorrow Bush will close the market if it keeps sliding.
The market's still open - and Keenan's 1.1% lifetime return is history.
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