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Sunday, December 7, 2008

stock market current event for 12/5/2008

Stocks Seesaw in Choppy Trade from CNNMoney.com

This article is all about how the stock market tries to anticipate what the government will say about our economic status. Until the government comes out with news about our economy, the stock market will continue to be extremely volatile. It talks about the different things that cause our stock market to fluctuate such as news about a bailout and other things. It also informs us about the 'beige book' which is basically a survey of our economic status.

i think that if everyone investing at a certain time anticipated that the government was going to give us good news about our economy, then the whole stock market would probably go up and help out our economy. But because not everyone is as optimistic, they cause serious fluctuations that make our stock market so volatile.

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