Tuesday, February 17, 2009

 

Huh??

CNNMoney.com
Stocks sink to 3-month lows
Financials lead a selloff sparked by worries the $787 billion stimulus plan won't go far enough. Automakers in the hot seat.

They think the market is collectively worried that the stimulus DOESN”T go far enough??

Comments:
ok smart guy, what is your suggestion?
 
My suggestion - as to the subject of my posting - is that the slide in the markets are a reflection of investors worries that the government is spending too much and is too unfocused and unclear on what to expect from that spending. My suggestion is that CNN is 180 degrees off on what the market reaction means.
 
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