Friday, October 10, 2008

Stock Market Crash

The stock market hit a record low today, plummeting over 680 points in a single day. It has fallen by around 5,000 points over the course of the year. We are not currently showing signs of recovery, and the market could continue to plummet. Some experts are calling this a slow crash, and expect stocks to crash completely. Many are also looking at this as a great opportunity. There are large numbers of solid businesses with very cheap stock right now, and new investors could easily turn huge profits if the stock market goes back up. We will have to wait and see how things continue to develop. America could either make a solid comeback or sink into a full scale depression.

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