Friday, January 4, 2008

Daily news: Market plunge over 2 percent

Seems, that Jobs report did it's job, market closed more than 2 percent lower today and over 6 percent lower on a week.

Our economy stand on edge between inflation and recession, and Fed Reserve trying to manipulate between two. Many analyst see another 50 bps rate cut on next Fed meeting.

Would it help? Difficult to say.

Today we have many issues toll rises, milk cost more, gas so expensive, that it is better just walk.

What to do? Get a plan B, get second small job, open online small business.

Think, what else I can do in life. Because we can not do anything with prices go higher, we need to have plan B. Start think about plan B today. when you still can work and it does not bother you much. Be carefully of choosing what to do.

There is many scam artist, who are looking for people with little or no knowledge. Don't get in to the hands of "quick get rich"scams. Be wise.

Oil run away from 100 , and closed 97.91

tha't my view


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