Showing posts with label evidently we're not ALL in a recession. Show all posts
Showing posts with label evidently we're not ALL in a recession. Show all posts

Tuesday, October 28, 2008

Help me figure this out

These were the first three headlines I saw when I signed on to check the news around 4 pm:

Consumer confidence at all-time low: Business research group says its index of confidence plunges to its lowest level in four decades.

Home prices see another record plunge: 10 major markets have seen home values fall 17.7% over the past 12 months, and experts expect the declines to continue.

Dow's 2nd best day ever

All of these headlines are from CNNMoney.com.

Scroll up for a moment and read those headlines again, and then allow me to recap:

Consumers have no confidence, and the value of their homes is plummeting. But the stock market is doing great!