Dow Jones Falls on Investment Woes
The Dow Jones Industrial Average has fallen quite a lot lately due to the bad economic news. A recessive economy is also not helping the fears of a long term recession. With jobs being lost every day and the nosedive of the housing market, this has sent shockwaves through not only the Dow Jones, but it has also affected markets overseas. This has not been good for the investors that have invested so much into the stock market. This goes for any type of stock market for that matter, no matter where it is located. This has affected the global economy and sent foreign stock markets tumbling.News of bailouts of banks has really stirred up the pot. This adds to fears that the US is in a full blown recession. The economic sector has really been up and down so much that it affects the global economy. Since this reach is worldwide, we need to take steps to stabilize the economy. Recent moves that have been made by the President and the Feds are helpful, but more is needed if the economy is to recover.
Stabilization of the housing market and jobs are the two areas in need of most repairs. With the loss of many jobs, and more and more people on the unemployment line, is it any wonder that people are losing both their livelihood and their homes? With the financial crush that is going on, more needs to be done.