Monday, October 13, 2008

The worldwide meltdown

Now that we know that October 9, 2007 was the highpoint of the global economy, can we assume that October 10, 2008 was the lowpoint of the global economy?

Sounds good, don't it?

Consider this about today's massive upswing: there were no economic events or major earnings reports today. Wednesday and Thursday, however, will bring in a boatload of news. Will it be good news? And will anyone care?

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