It's The Economy, Stupid! Dow Plunges Nearly 400 Points, Jobless Rate Rises And Gas Prices Soar By $11 A Barrel.
Here's an excerpt:
Stocks tanked Friday, with the Dow industrials shedding nearly 400 points, after oil prices spiked more than $11 a barrel (expect gas prices to rise to over $150.00 a gallon) and the May jobs report showed a big jump in the unemployment rate.
Bond prices surged, as investors sought safety in government debt, while the dollar tumbled versus the Yen and Euro. .
Read more.
If this continues, President will be blamed and John McCain will be found guilty by association.
HMMMM.
Where have I heard that phrase used before?
Stocks tanked Friday, with the Dow industrials shedding nearly 400 points, after oil prices spiked more than $11 a barrel (expect gas prices to rise to over $150.00 a gallon) and the May jobs report showed a big jump in the unemployment rate.
Bond prices surged, as investors sought safety in government debt, while the dollar tumbled versus the Yen and Euro. .
Read more.
If this continues, President will be blamed and John McCain will be found guilty by association.
HMMMM.
Where have I heard that phrase used before?
Labels: Economic news, Political economics
posted by KYJurisDoctor at 3:55 PM
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