This week brought an unprecedented occurrence in the United States stock market as the Dow fell below 9,000 points in several years. Tuesday was a day of uncertainty while the rest of the week mirrored a rising inability to see where the market was heading as well. The general word about the market was relating the fall of the housing market to the current crisis (KFI640). A meeting was scheduled this week for the G-7 summit (a group of the top 7 advanced economies) will hopefully provide some results for the world as a whole to take us out of this crisis.
Related link: http://www.imf.org/external/pubs/ft/survey/so/2008/NEW101308A.htm
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