Showing posts with label volatility. Show all posts
Showing posts with label volatility. 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!