Ah, another day, another dollar . Where would we be without the economies of Greece, Spain, Italy and others imploding right in front of our very eyes? People running to the dictionary to look up the meaning of "austerity ". Right Wing Coalitions, Left Wing Coalitions, Socialists..Parliments being dissolved. The world as we know it!
So where does this leave the Dow? Up to 13,300 several weeks ago. Down to 12,500, and now creeping back to 12,850. What does it really mean anymore anyway?
Not much when interest rates can fluctuate on bad news coming out of Lichtenstein. Go figure.
Wall Street Analyst Steve Goldman reporting.
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