Stocks plunge, end day at decade-plus lows - Stocks & economy- msnbc.com: "Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points to its lowest close since May 7, 1997, while the Standard & Poor’s 500 index logged its lowest finish since April 11, 1997. It’s as if the decade’s dot-com surge, collapse and subsequent recovery never occurred."
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Yes, and it is also as if President Obama's much-touted summit meeting on the economy never occurred. But it did. Today. The day the Dow fell another 251 points.
I get the sense that the investor class isn't overly-enthusiastic about the new team in Washington.
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