Archive for October 11th, 2008

Saturday, October 11th, 2008

Stock market decline in perspective


This week’s stock market meltdown ranks second as the worst Monday-to-Friday movement for the Dow Jones Industrial Average since 1900, and this is truly turning out to be Black October. This post provides some perspective of the magnitude of the current decline.

1 Comment » - Posted in Investment, Markets, Money by Prieur du Plessis

Saturday, October 11th, 2008

Crunch Creep


The financial meltdown has certainly presented its fair share of surprises. This post reports on a BBC News compilation of strange, tangential and often unlikely events laid at the door of the credit crunch.

No Comments » - Posted in Investment, Markets, Money by Prieur du Plessis