Stock markets around the world, particularly here, have fallen dramatically yet again today. This is because of what’s going on in the financial world.\u00a0 Do I have to remind you about the bailout of\u00a0 AIG by the Federal Reserve?<\/p>\n
The British index, FTSE 100, dropped in value by 2.36%.\u00a0 That’s 118.40 points, to below the 5000 mark at 4907.20. The Dow, well it\u00a0 was down 2.62% and currently has a value of 10769.00 points. The Nasdaq index has fallen by 3.16% to 2138.14, while the Dax was 1.75% lower than the start of the day.\u00a0 But the Japanese index, the Nikkei was one of the few to rise in value over the day. It ended up 1.2%, although this follows a large fall in the value of the index when it hit an all time low yesterday.<\/p>\n
All of this spells “We have problems” and unfortunately, it’s not just in our country as you can see.\u00a0 People all over the world are suffering right now.\u00a0 I wish I understood more about the stock market than I do but I can understand ‘down’ and that means your money is going down instead of up which is what most people are shooting for in the stock market so it’s not good, not good at all.\u00a0 That I understand.<\/p>\n","protected":false},"excerpt":{"rendered":"
Stock markets around the world, particularly here, have fallen dramatically yet again today. This is because of what’s going on in the financial world.\u00a0 Do I have to remind you about the bailout of\u00a0 AIG by the Federal Reserve? The British index, FTSE 100, dropped in value by 2.36%.\u00a0 That’s 118.40 points, to below the … <\/p>\n