The good news and the bad news
Monday 6 October 2008
Let’s start with the bad news - the $700 billion bailout hasn’t solved the nation’s financial problems and the stock market slid below 10,000 today. At one point it was down more than 500 points but ended the day down ‘just’ 369 (sorry - I just need to point out the fact that if you add up all the digits you get 18 which is the sum of 6, 6 and 6. 666. Uh oh).
The good news is that oil is below $90 a barrel which means we should be getting some relief at the pump. Already gas around her is down 70 or 80 cents from its peak. I guess this means I can afford to buy supreme now.
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