Monday, March 2, 2009

The market in shambles

Back in September, I used a bit of hyper-partisan hyperbole to score a few political points on the cheap by putting up an image of the one-day 504-point decline in the DJIA in mid-September. The DJIA stood well above 10,000 at the time.

How nice it would be if it had stopped there.


As of this morning it is touching on 12-year lows under 7,000.