Stock Ideas 
Market Watch Dow Plunges 306 Points, Wipes Out All 2007 Gains as Economic Crisis Worsens
Market Watch Dow Plunges 306 Points, Wipes Out All 2007 Gains as Economic Crisis Worsens 
Market Watch
|
by Andrew Mickey They’ve really done a job on us, haven’t they? The banks are behind this one all the way. Although the total losses and write-downs from subprime lending are hovering around $170 billion, the impact on the stock market has wiped out $7 trillion of wealth. Yes, that’s trillion with a “T.” |
|
| More... |
Most Popular
Login Form
| Dow Plunges 306 Points, Wipes Out All 2007 Gains as Economic Crisis Worsens |
| Tuesday, 22 January 2008 | ||||||||
|
The U.S. economy is in deep trouble. The Dow Jones Industrial Average plunged more than 306 points. The S&P 500 -- the index most closely watched by market professionals -- fell nearly 3%. All told, the Dow, S&P 500 and Nasdaq have given back all their 2007 gains. To make matters worse, more than three in four Americans believe the U.S. economy is headed for a major downturn in 2008. In fact, consumers have already cut back on spending. Dean Baker, co-director of the Center for Economic and Policy Research says, “If Americans are this worried about the economy, it could cause an even sharper downturn than many economists expect.” Just this week the White House scrambled to put together a fiscal stimulus package to help give the economy a boost. But for many investors, that stimulus will come too late. That’s why I’m urging you to watch our emergency video summit that outlines what you must do NOW to protect your financial well-being. The emergency video summit airs this Thursday, January 24 at 7 p.m. The video is FREE. Registration is FREE. You can reserve your space right now. In this 43-minute video, you’ll hear our panel of experts explain why the dollar will continue to decline… and the impact the current credit crisis will have on your investments. Even if the Federal Reserve -- led by Chairman Ben Bernanke -- cuts interest rates, you’ll still see the yield on your investments plummet. But in this video, our panel of experts reveal a plunge-protection plan that not only will help build a wall of safety around your investments… but could hand you a 424% gain in as little as 12 weeks. In the emergency video you’ll hear: ** Why this investment offers investors the highest return possible ** Why the world’s richest nations are diversifying out the dollar and how you can do the same with limited risk ** The best place to put your investment dollars to withstand a U.S. economic meltdown ** Why foreign countries have no choice but to pump billions into the U.S. economy ** And much, much more. Please don’t make the mistake of thinking that your savings… your investments… And your hard-earned money is immune to what will be remembered as the nation’s worst economic plague since the dot-com bust of 2001.
Events are unfolding before your eyes that signal the worst is yet to come. Now is the time to protect your investments. The video is free to watch -- no strings attached. You can sign up right now by following this secure link . Please don’t wait a minute longer. Sincerely, S. Lee Franks S. Lee Franks Executive Publisher Taipan Publishing Group
|
||||||||
| < Prev | Next > |
|---|
