Morning Scan; Japan:worst one-day loss since 1987
Asia markets plunge; In Japan, "the worst one-day loss since the stock market crash in 1987".
In the busiest day in NYSE history, panicky investors dumped stocks en masse.
Bush to meet with world's finance ministers tomorrow (reportedly, he will say, "oops, my bad")
Fear and foreboding on Wall Street. (D'oh moment: "...investors became convinced that the nation is on the verge of a deep and prolonged recession" ya'think?)
Is it safe? (Silly reference to Marathon Man)
In the busiest day in NYSE history, panicky investors dumped stocks en masse.
Bush to meet with world's finance ministers tomorrow (reportedly, he will say, "oops, my bad")
Fear and foreboding on Wall Street. (D'oh moment: "...investors became convinced that the nation is on the verge of a deep and prolonged recession" ya'think?)
Is it safe? (Silly reference to Marathon Man)
About this blog
Economic Alert is a daily blog on business and the economy in the San Gabriel Valley and beyond, featuring updates and observations from the staff of the San Gabriel Valley Newspaper Group. SGVN includes the San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News.
Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
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Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
e-mail
Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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