Thursday, October 09, 2008

On the Market Crisis


This manager's on vacation now in Hawaii, but he left his tie hanging on the side of his cube. Since it was picturesque and meaningful, I decided to photograph it.

Being a stakeholder in the current market crisis, I decided to opine about it in today's blog entry. I'm affected by the collapse of our house of cards financial system. I hear about the drop in the NYSE or the NASDAQ every day. The value of my portfolio has plummeted so significantly that I can't bear to check it. Even diversification hasn't helped much because I have some international stocks in emerging markets, in European companies and in various industries and their stock value has crashed as well. This has now evolved into a global crisis and no one is immune.

America sneezes and everyone catches a cold.

1 comment:

Anonymous said...

Why is it meaningful?