Monday, October 13, 2008

Biggest EVER!

As we recently mentioned, we like to look for phrases like, "Most rainfal ever!" or "Largest quake ever recorded!" or something else that let's us know that we are not living in a "normal" time.

Now the "ever" word is invading the financial markets. Last Friday, the Dow Industrial index had it's worst week EVER. It had 8 straight days of declines. But over the weekend, the world's bankers went to work and put together a package of smoke and mirrors...and wooahhlaa!...the stock market went up today by the biggest one day increase EVER!

Read the article here; http://money.cnn.com/2008/10/13/markets/markets_newyork/?postversion=2008101315

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