Skip Nav
Travel
22 Airport Hacks to Remember Before Your Next Flight
Self Improvement
45 Life Lessons Written by a "90-Year-Old" Woman
Budget Tips
30 Wedding Favors You Won't Believe Cost Under $1

Watching the Market Will Drive You Nuts!

Most of you aren't fans of the government bailing out private banks, but the market reacted more than kindly to the government's announcement that it may create an agency to buy bad debt from banks. Bad debt refers to the mortgage-related assets that were the Achilles heel to once Wall Street giants Lehman Brothers and Bear Stearns.

The market showed its largest percentage point gain in six years but is still down for the week. What's with the fluctuation? Markets are always sensitive to news, but a week of unexpected headlines has created an even more volatile market. For the moment, investors feel reassured that the government is planning a large scale bailout that is aimed at containing the credit crisis.

Source

Around The Web
Stylish Reading Chairs
Love-Inspired Art
Do Tell: Are You Enjoying the Simpler Life?
Have We Seen the Worst of the Financial Industry's Problems?

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

Join The Conversation
SugarKat SugarKat 7 years
Yes, I'm going nuts. Oh wait, I'm not watching the market. Can't do it. It's everchanging and not for the good right now. Ahhhhhhh.
ilanac13 ilanac13 7 years
i think that i'm almost at the point where i can't pay any more attention to things. it makes me nervous since i don't know what's stable and what's not - and by freaking out over 447 point losses and 410 point gains - well it's just a roller coaster. i'll just hope that things rebound like i know that they will and hope that for now my money is safe.
Latest Career & Money
X