IT seems that yet again our stock market has tumbled due to the economic worries of yet another country.
Quote:
The S&P and Nasdaq dropped into negative territory for the year on Wednesday in a crush of trading on the perception Japan's nuclear crisis would continue to be a headwind for equities.
The Dow also neared its 2010 closing level in the year's most heavily traded session while the CBOE market volatility index surged, a sign the market would continue to gyrate and faced possible further losses in the near term.
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What I would like to see is our country being strong enough and economically sound enough that we do not have to suffer losses everytime someone else in the world has a problem.
This nation was built on the concept of independence and guess what we now rely on the rest of the world for everything. Curious isn't it?