Thursday, June 21, 2012

Wall Street and Main Street - USA


BBC News: Reports that Wall Street fell by 250 points today, due to bad economic news from China and the EU.

Lets Get Real:

Thus folks a bad day for Wall Street and Main Street, as the pension funds of the public sector will have taken a hit today, never mind the private sector. This was not a good for the Oval, lets see what the Unemployment rate will be at the end of the month. The good news out of the G20 that the EU would deal with Spain seems in detail not have pleased that markets that much, the UK FTSE 100 was down nearly 1%. The more crisis meetings for the EU, either the Euro is saved and fast or the World economy is going to tank, lets see what happens first folks. This blog is not holding its breath for either, we don't have leaders today folks, we have poll followers, for a Reagan or a Thatcher, in the 80s folks we were very lucky in our leaders.

No comments: